Prospects for a South American Lithium Boom

Por Thomas Andrew O’Keefe

“The pressing need to reduce global greenhouse gas emissions by transitioning to renewable energy resources guarantees a steady demand for lithium. Lithium is critical in the production of rechargeable batteries for electric vehicles, and, increasingly, for renewable energy storage systems. South America’s so-called Lithium Triangle, made up of Argentina, Bolivia, and Chile, holds just over half the world’s currently known lithium deposits. Brazil and Peru also have large amounts of spodumene hard rocks that contain lithium. There are important factors, however, that may make it difficult for South America to fully benefit from the sharp increase in global demand for lithium.”

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Términos mencionados en esta doctrina: lithium, renewable.