China’s Ganfeng signs deal with Argentina’s government to develop lithium-ion battery factory

By Dalila Ouerghi
Published: Monday, 17 May 2021

Major Chinese lithium producer Ganfeng Lithium has signed a memorandum of understanding with Argentina’s Mining Ministry and Jujuy provincial state for the development of a lithium-ion battery factory in the north of the country, Argentina’s government announced on Friday May 14.

The parties also agreed to cooperate on identifying further opportunities to invest in the country’s lithium sector.

Argentina is nestled in the "lithium triangle," alongside Bolivia and Chile, where more than 70% of the world’s lithium reserves lie beneath its salt flats.

The current Argentinian administration under President...

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