According to government data and estimates from miners, Argentina’s national lithium production is projected to increase five-fold by the end of 2025, equating to a boost of around 1% of the current gross domestic product. “Argentina will definitely be capable of bringing capacity above 200,000 tons LCE by 2032-2035,” Hofer said.
Known for having the most technically complex deposits, lithium projects in Bolivia must overcome spiraling costs, insufficient infrastructure, and a local skilled labor deficit—on top of a new requirement to use a novel technology completely untested at scale. As such, experts are skeptical.
Based on the U.S. electricity mix of 2022, our LCA leads to GWPs of 0.45 kgCO 2 eq kWh −1 (electricity) and 0.21 kgCO 2 eq kWh −1 (heat, natural gas). Previous work has shown that minimum equipment costs converge to an optimum for large-scale LIB manufacturing .
It’s still unclear whether the lithium industry will become part of Latin America’s long history of fraught relationships with an abundance of mineral resources. But it appears that Argentina will have the next chance to write a chapter. __ Quinn is a new energy reporter at International Business Times UK a nd a former editorial assistant at AQ
Demand for high capacity lithium-ion batteries (LIBs), used in stationary storage systems as part of energy systems [1, 2] and battery electric vehicles (BEVs), reached 340 GWh in 2021 . Estimates see annual LIB demand grow to between 1200 and 3500 GWh by 2030 [3, 4].
However, this dynamic may be changing: Two recently signed projects worth $1.4 billion each, between the state-run Yacimientos de Litio Bolivianos (YLB) and Chinese and Russian companies, aim to collectively produce 100,000 tons of LCE per year by the end of 2025 at the massive Uyuni and Coipasa salt flats.
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