Buenos Aires — Last week, Argentina’s President Alberto Fernández visited the first Argentine lithium cells and batteries manufacturing plant belonging to Y-TEC, a company that is part of state-owned energy giant YPF, and which will produce its first pilot models of lithium batteries in December, after taking delivery of components in October.
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.
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.
We know the industry, the market and the region. AIRES Renewables (Registered Trademark), is a company incorporated under Argentinean law providing consulting services for the development and engineering of renewable energy projects and creating investment opportunities in the Latin American energy sector.
The battery project is linked to another, more ambitious one, that of YPF Lithium, YPF’s business unit that intends to compete in the exploration and production of lithium carbonate in northern Argentina.
Although it is not manufactured in Argentina, Y-TEC is conducting a project for artificial graphite production, using burnt coking coal from the YPF refinery. They took it to the Spain Carbon Institute to see if they could perform a chemical process on it.
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