Argentine deputies want lithium nationalized

Thursday, May 4th 2023 - 10:31 UTC

Full article 1 comment

A group of lawmakers from Argentine's ruling Everybody's Front (Frente de Todos - FdT) has launched an initiative to nationalize the country's lithium resources, it was reported Wednesday in Buenos Aires. Read full article

Comments

Disclaimer & comment rules

Pugol-H
No one is going to build a battery or even Lithium refining plant in Argentina, probably not even the Chinese, the country is way too unstable and ill-equipped.

Can’t see Argentina being able to do it for themselves either.

It’s a fine idea, have the manufacturing done where the lithium is extracted, works for the country, however certain thing have to be in place in the country for that to even be a possibility.

And in Argentina nothing is in place and nothing works, is the uncomfortable truth.

Look at the Saudis, in the beginning they did not export refined petroleum products, just the crude oil.

If they nationalise it, they will struggle even in just extraction, despite the current demand for Lithium worldwide, Argentina won’t be making any money from it.

Another complete waste.
May 04th, 2023 - 11:41 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!