THE PLACE TO BE FOR LITHIUM
>> The Lithium Triangle hosts more than half of the world’s lithium resources & +20% of the total can be found in Argentina
>> Argentine legal regime regulates lithium as any other mineral. Lithium concessions are granted to private parties and there are no limits on concessions, production or exports as seen in neighboring countries (incl. Peru, Bolivia)
>> YPF, the largest Argentinian oil and gas operator in the country (majority state-owned), created in 2021 its own Lithium company (YPF LITIO), aiming to establish a cells/battery operation in Argentina
>> YPF, the largest Argentinian oil and gas operator in the country (majority state-owned), created in 2021 its own Lithium company (YPF LITIO), aiming to establish a cells/battery operation in Argentina
>> 94.5% destined to construction and expansion projects
>> Lithium projects account for almost 35% of total investment
NOA has PROJECTS on 6 SALARS (+100,000 ha)
Key positions:
RÍO GRANDE: 43,000 ha
ARIZARO: 44,000 ha
SALINAS GRANDES: 9,200 ha
Other claims:
POCITOS: 2,600 ha
TOLILLAR: 2,800
PULAR: 2,100 ha
Ranking of investment announcements by province (million USD)
Source: “Overview of the mining sector in Argentina. Investment announcements in the mining sector”. National Directory of Mining Promotion and Economy, January 2022
Distribution of lithium projects by province
Source: MNEM (2017)
Lithium Projects Investment in construction in Salta announced in 2022 (millions US$)
Source: “Overview of the mining sector in Argentina. Investment announcements in the mining sector”. National Directory of Mining Promotion and Economy, January 2022
Lithium Projects Investment in acquisitions in Salta announced in 2022 (millions US$)
Source: “Overview of the mining sector in Argentina. Investment announcements in the mining sector”. National Directory of Mining Promotion and Economy, January 2022
THE RIGHT PLACE TO DO BUSINESS
Business is very active in Salta & home to many large miners
