Where will lithium batteries be made in Buenos Aires?

State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.

How many people can a lithium battery power Buenos Aires?

The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.

Does y-TEC sell lithium in Argentina?

In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.

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.

Will a new lithium mine come on stream in Argentina?

That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world. 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.

Can artificial graphite be made in Argentina?

Although it is not manufactured in Argentina, Y-TEC is conducting a project for artificial graphite production, using burnt coking coal from the YPF refinery. They took it to the Spain Carbon Institute to see if they could perform a chemical process on it.