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.
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.
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.
Eramine Sudamerica is gearing up to inaugurate its first lithium carbonate plant in the northern Argentine province of Salta by July 2024. This strategic move is set to establish the company as Argentina’s fourth producer of lithium, a critical component in battery technology, according to a Reuters report posted on the Economic Times.
Arcadium Lithium, the firm that resulted from the merger between Livent and Allkem, two of the three companies that were already producing lithium in Argentina, accounts for 13% of global production. Output has quadrupled in the last ten years, but is still attributable to only a few countries and projects. Another Argentine Unicorn on the Horizon?
From the salt flats to the batteries
In August 2022, the President of Y-TEC (YPF-Tecnología), Roberto Salvarezza, stated that next December the production of cells for lithium batteries will start in Argentina, a project deployed by YPF that aims to develop "from the salt flats to the batteries". The following article will review the company''s plans ahead of this important ...
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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 …
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From the salt flats to the batteries
In August 2022, the President of Y-TEC (YPF-Tecnología), Roberto Salvarezza, stated that next December the production of cells for lithium batteries will start in Argentina, a project deployed …
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.
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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 research and US$10 million of investment that allowed the company to carry out laboratory work and first test the feasibility of the project at a ...
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Argentina to start battery cell production this year
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