Lithium industrial complex, Argentina
Name of the Project
Lithium industrial complex.
Location
Andean highlands in the province of Salta, in Argentina.
Project Owner/s
European company Eramet (50.1%). Chinese steel group Tsingshan will fund the construction of the plant in exchange for a 49.9% interest in the project.
Project Description
The project entails the construction of a lithium industrial complex, with production capacity of 24 000 t/y of lithium carbonate equivalent.
The project will extract brine from the Salar and process it into lithium carbonate, which is the base compound for the energy storage industry.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Tsingshan will contribute up to $375-million to the project by financing the plant’s construction.
Planned Start/End Date
The construction of the plant will start during the first quarter of 2022, with commissioning scheduled for early 2024.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Eramet communications director Pauline Briand, pauline.briand@eramet.com.
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