Cleaner Tech
South America Boosts Efforts to Turn Lithium Into Batteries
- Argentina, Chile, Bolivia and Brazil plan to coordinate action
- Adding value ‘is central,’ Argentina mining official says
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South American nations are stepping up efforts to propel themselves further down the electric-vehicle supply chain by leveraging their vast mineral wealth, expanding processing capacity, and targeting vehicle manufacturing.
Argentina, Chile, Bolivia and Brazil plan to coordinate action on turning more of the region’s mined lithium into battery chemicals, as well as moving into manufacturing of batteries and EVs, according to Argentina Mining Undersecretary Fernanda Avila. The collaboration efforts stop short of any production or pricing coordination.