Will a new Lithium Project churn out in Argentina?

Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world.

Who is Argentina Lithium & Energy Corp?

Welcome to Argentina Lithium & Energy Corp. Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector.

How many new lithium mines are there in Argentina?

For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News.

When does Argentina lithium close?

Closing of the Transaction is subject to Argentina Lithium obtaining TSXV approval, ALE completing certain corporate actions relating to the Transaction and other closing conditions set out in the Investment Agreement. The Transaction is anticipated to close on or about October 4, 2023. Advisors and Fairness Opinions

Does Argentina export lithium?

Read more... Despite a flurry of prospecting and development, only three operations in Argentina currently export lithium. That’s still enough to have established the country as a major producer behind Australia, neighbouring Chile and China. Of the three, only one is a newcomer — Minera Exar, which is majority owned by Ganfeng Lithium Group Co.

Who is acting as a financial advisor to Argentina lithium?

PI Financial Corp. is acting as financial advisor to Argentina Lithium in connection with the Transaction.