State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.
The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.
Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world.
In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.
These are some of the findings from a report prepared by the consulting firm Aleph Energy, led by Daniel Dreizzen, which analyzes the global lithium market while delving into Argentina in greater detail. These are the 41 companies of various characteristics that participate in the country’s 64 projects.
Chinese battery-component maker looking to buy major stakes in Argentina brine deposits to extend its foray into the lithium-rich region.
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First lithium battery plant in Argentina to open in …
State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in …
Learn More
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State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.
Learn More
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Buenos Aires — Global demand for lithium will continue to grow in the coming years, propelled predominantly by a rising production of electric vehicles. While the price for lithium used in batteries has dwindled toward …
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Buenos Aires — YPF Tec, the technology arm of Argentina''s majority state-owned energy company YPF (YPF), has announced that its lithium battery factory will begin operations in April, and that it has struck a deal with mining company Livent, which will supply it with the lithium to produce the battery cells.
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Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production …
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Argentina''s first National Plant for the Technological Development of Lithium Cells and Batteries will start production in September on the premises of the National University of La Plata (UNLP), Y-TEC (a …
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Production of lithium batteries to start in September in Argentina
Argentina''s first National Plant for the Technological Development of Lithium Cells and Batteries will start production in September on the premises of the National University of La Plata (UNLP), Y-TEC (a subsidiary of the state-owned oil company YPF) head Roberto Salvarezza announced Thursday.
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The majority-state-owned company Y-TEC is set to open its first industrial-scale lithium battery plant in the city of La Plata, in Buenos Aires province. The facility arrives after several years of …
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Argentina is about to unleash a wave of lithium in a global glut
Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world.
Learn More
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Equipmake develops electric bus for Buenos Aires
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