Lithium Triangle

VANCOUVER, BC, Feb. 8, 2024 /PRNewswire/ -- USA News Group  -  In the race to secure new supplies of lithium, one country appears to be surging ahead of others in terms of production and export growth, and that country is Argentina. Amid the current lithium boom, Argentina's mining exports are set to reach around $4.5 billion in 2023, amid strong prices and the launch of a new lithium mine. Thanks to ambitious innovation in lithium extraction methods, including Direct Lithium Extraction (DLE), plenty of firms are aiming to prove their efforts are working. With analysts projecting that production in Argentina could more than triple by 2030, the country is being primed to become the epicenter of new stage of lithium supply. Among the top stories coming from Argentina's lithium landscape include developments from Lithium South Development Corporation (TSX-V:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (OTCPK:APHLF), Lithium Americas Corp. (NYSE:LAAC) (TSX:LAAC), Allkem Limited and Livent Corporation (NYSE:LTHM).

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

VANCOUVER, B.C., Jan. 12, 2024 /PRNewswire/ -- USA News Group  -  A new wave of mergers and acquisitions is on the rise in the lithium sector, in the wake of the latest successful takeover bid of Alpha Lithium Corporation by a leading Latin American energy company, Tecpetrol. After already announcing the acquisition of 102,692,615 common shares (54% equity) at a per-share bid price of C$1.48, Tecpetrol has officially now spent over C$150M on the Alpha transaction. That number could still climb, as the remaining ALLI shareholders have until Oct 31 to accept the offer for themselves, meaning even more lithium shareholders could be flooding the market with new cash to spend on other lithium plays with upside. This latest deal comes in the wake of the mega-merger between Allkem Limited (TSX:AKE) (OTCPK:OROCF) and Livent Corporation (NYSE:LTHM), analysts are turning their eyes toward more M&A activity in the space and other potential near-term takeout targets, such as Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), and Argentina Lithium & Energy Corp. (TSXV:LIT) (OTCQX:LILIF).

VANCOUVER, BC, Jan. 5, 2024 /PRNewswire/ --  USA News Group  -  A worrying trend that could threaten the world's shift to renewable energy is looming, according to 2023 analysis from Benchmark. In the report, Benchmark called for an increase of at least $514 billion across the global battery industry supply chain to meet expected demand in 2030, and $920 billion by 2035. Among the most compelling sources set to help meet the lithium gap is set come from what's known as the Lithium Triangle, which covers portions of Argentina, Bolivia, and Chile. The prominence of South America's lithium has created an increasing amount of competition between the West and China. Hence the flooding of investment and development coming from several promising projects in the region, including from Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), Livent Corporation (NYSE:LTHM), POSCO Holdings Inc. (NYSE:PKX), and Rio Tinto Group (NYSE:RIO).