Arcadium Lithium says Argentina operation not affected by court ban

18th March 2024

By: Reuters

  

Font size: - +

BUENOS AIRES - Global lithium mining firm Arcadium Lithium said on Friday that its operations in the northern Argentina region of Catamarca would not be impacted by a ruling by a provincial court blocking the issuance of new permits.

The ruling, which came after a petition by local indigenous communities, temporarily halts the issuance of new permits and authorizations in a lithium rich basin in Catamarca, where Arcadium operates, until the local government carries out environmental impact studies.

"The court ruling does not impact Arcadium Lithium's existing mining operations and expansion activities at its Fenix and Sal de Vida projects," the firm said in a statement.

"All of the company's existing permits and Environmental Impact Assessments (EIAs) remain valid."

Arcadium already produces lithium from brine at the Salar del Hombre Muerto and the firm has expansion plans underway.

The case underscores wider tensions between companies and local communities over water use and the environmental impact of extracting ultra-light battery metal lithium, which is key for the electric vehicle revolution.

Argentina, inside South America's so-called "lithium triangle", is one of the world's top producers of the metal with a strong pipeline of regional projects under development.

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION