With the success of the energy transition closely tied to the ability to store solar and wind power, battery manufacturers are zeroing in on Latin America’s so-called lithium triangle of Argentina, Bolivia and Chile. These three countries alone contain 52m, or 53%, of the 98m tonnes of global lithium reserves, according to the US Geological Survey.
In late January Germany’s Chancellor Olaf Scholz visited Argentina and Chile to secure lithium supply for carmakers Mercedes-Benz Group and Volkswagen to produce electric vehicle (EV) batteries.…Latin America Looks To Capitalize On Soaring Lithium Demand
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