Ganfeng and Lithium Argentina seek a third investor for lithium project
BUENOS AIRES - Chinese miner Ganfeng Lithium and its Swiss partner Lithium Argentina are seeking a third investor for the Pozuelos-Pastos Grandes lithium project in northern Argentina, the president of Lithium Argentina told Reuters on Thursday.
Argentina, Chile and Bolivia are part of the so-called "Lithium Triangle," which concentrates the largest global reserves of the white metal used in electric vehicles and batteries. There are six lithium projects in operation in Argentina, the world's fourth largest lithium exporter.
The Pozuelos-Pastos Grandes project in the province of Salta is expected to produce 150 000 tons of lithium a year, with an investment exceeding $3-billion over three stages, said Ignacio Celorrio of Lithium Argentina.
A third investor will be chosen in the coming months, he said, without giving further detail.
In March, Ganfeng applied to include the project in Argentina's Large Investment Incentive Regime (RIGI), which provides tax benefits and long-term stability for investments greater than 200-million dollars.
Ganfeng and Lithium Argentina, along with the firm JEMSE, also operate the Cauchari-Olaroz lithium project in the neighboring province of Jujuy. In May, the project received approval to join the RIGI for a $1.2-billion expansion.
Argentina also exports gold and silver and has copper projects under development, most of which are expected to begin production around 2030. Its total mining exports reached $6-billion in 2025 and will climb to $9-billion in 2026, according
to a projection by the Argentine Chamber of Mining Companies.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...
VISIT SHOWROOM
Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
