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Tuesday, November 14, 2017

Argentina seeks to overtake Chile in South America lithium race

Argentina seeks to overtake Chile in South America lithium race: The giant pools of turquoise water in the mountainous deserts of northwest Argentina shimmer in the sunlight like oases and for lithium miners like Australia's Orocobre, that is exactly what they are.

The mid-cap miner is one of several lithium producers stepping up investment in Argentina amid expectations President Mauricio Macri's business-friendly agenda will transform the country into South America's top producer of the mineral, ousting neighbouring Chile in five years' time.

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