“Lithium ABC countries†working on common pricing policies
-
Loading... - Clarissa Gataki
- 25 Oct 2022
- 70 Views
- 0 Like
- 0 Comment
South America's “ABC” lithium-producing countries Argentina, Bolivia, and Chile are considering joint policies to set the sale price of the mineral, Télam reported Thursday.
The so-called “Lithium Triangle” nations are evaluating an initiative to advance “pricing and good practices in international production that contribute to boosting the productive framework” which would entail the creation of some sort of OPEC (Organization of Petroleum Exporting Countries) for lithium.
Negotiations are well underway and further talks will be held during the 39th Economic Commission for Latin America and the Caribbean (ECLAC) in Buenos Aires from October 24 to 26.
Argentina is reportedly the fourth-largest global lithium producer with high levels of activity northwestern provinces of Catamarca, Jujuy, and Salta. The region is believed to be the world's second-largest reserve of this mineral.
Argentine lithium exports went up 171% yoy amid a global price increase. Read More...
