Buenos Aires New Energy Storage Lithium Battery

Where will lithium batteries be made in Buenos Aires?

State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.

When will lithium battery production start in Argentina?

Argentina to begin lithium battery production in Sept Argentina's first plant for lithium batteries will begin operations in September, using metal extracted locally by U.S. company Livent Corp, mining officials said on Saturday.

Will Argentina buy lithium from US company Livent?

Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September. Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September, the country’s Mining Secretariat said.

How many people can a lithium battery power Buenos Aires?

The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.

Will y-TEC produce lithium-ion batteries in Argentina?

"We will start to produce the first lithium-ion battery cells in the country," said Roberto Salvarezza, president of Y-TEC, in a government statement, noting that the batteries will use lithium carbonate extracted by Livent in northern Argentina. Argentina is the world's fourth largest producer of lithium and has been attracting investment.

Is YPF lithium launching a lithium battery project in Argentina?

The battery project is linked to another, more ambitious one, that of YPF Lithium, YPF’s business unit that intends to compete in the exploration and production of lithium carbonate in northern Argentina.