Lithium Triangle Projects to Meet Battery & EV Growth | Argentina Lithium & Energy $LIT $PNXLF
It is an exciting time to be in the lithium business. Lithium, as a commodity, has exploded in value since the onset of inflation and the extreme demand from the battery sector. As a result, lithium prices have doubled since the beginning of the year and have increased by 500% since 2021.
“There are companies like our company who are looking to the future. The demands for lithium growth between 2025-2030, which is sort of the timeframe that I’m looking at. The lithium demand is going to continue to increase.” – Argentina Lithium & Energy Corp VP of Exploration Miles Rideout
Argentina produces approximately 10% of the world’s lithium and is a top-5 global producer. Its “Lithium Triangle” region produces about 50% of the world’s lithium
and also hosts around 60% of known lithium reserves.
Capitalizing on those statistics, Argentina Lithium & Energy Corp (CVE:LIT, OTCMKTS:PNXLF) is focused on acquiring high-quality lithium projects in “The Lithium Triangle” and advancing them towards production.
“We have currently four projects in our project stream and we are going to be adding another one shortly, but I won’t be able to talk about that yet. We’re focused in northern Argentina in the Lithium Triangle. They’re all in the high-plane, pro-mining provinces and all exploration stage projects, but well selected and two of them on basins with proven lithium reserves and high grades.” – Argentina Lithium & Energy Corp VP of Exploration Miles Rideout
Argentina Lithium & Energy has over 67,000 hectares of claims on four salars in pro-mining provinces Salta and Catamarca. Each property is strategically located near key infrastructure and towns.
Transcript
00:00 – Argentina Lithium & Energy $LIT $PNXLF VP of Exploration Miles Rideout
00:36 – Argentinian lithium projects portfolio
01:38 – South American lithium industry emergence
03:21 – Regulatory environment
04:25 – Infrastructure
05:54 – Industry investments into infrastructure
06:15 – Infrastructure investments benefiting residents
07:06 – Argentinian economy affecting mining/lithium business
08:53 – Projects closest to production?
09:40 – Future of Argentinian lithium
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