Argentina Lithium & Energy: Massive $90M Investment for Lithium Exploration from Stellantis
Argentina Lithium & Energy Corp. has secured a significant $90 million USD (in Argentina peso equivalent) investment from automaker Stellantis, granting them a 19.9% stake in the company and its Argentine subsidiary.
This partnership will expedite exploration efforts and vital production decisions in the lithium sector, aligned with the surging demand for electric vehicles.
In this interview with Yolande Lougheed, CEO Niko Cacos emphasizes the importance of this investment, with projects strategically situated in the Lithium Triangle, where over half of the world’s lithium is found in salt-lake brines, benefiting from cutting-edge direct lithium extraction technologies.
This partnership underscores the growing urgency among automakers to secure access to lithium, a crucial resource for electric vehicle production, and positions Argentina Lithium & Energy at the forefront of this evolving landscape.
Learn more about Argentina Lithium & Energy’s investment from Stellantis.
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