Covid-19 hits Argentinian lithium industry hard but long-term outlook still positive
Published: Tuesday, 18 August 2020
The economic fallout from the Covid-19 global health crisis is badly affecting the lithium industry in the metal-rich country of Argentina, leaving producers and junior miners facing short-term challenges despite a rosy long-term outlook with the shift to greener mobility gaining pace.
Lithium is a key ingredient in the manufacturing of
batteries for electric vehicles (EVs) and energy storage
systems (ESSs), and lithium demand for both uses is expected to
soar in the coming years.
"Demand for lithium-ion batteries for EVs and ESSs is only
going one way, and different battery chemistries...