The company completed a new payment as it moves toward acquiring 100% of seven properties covering 733 km² in Malargüe. The portfolio, comprising projects at different stages of exploration, is the same package through which BHP Metals Exploration began its entry into Mendoza.
South America holds more than half of the world’s lithium resources, but turning that geological potential into production will depend on its ability to attract investment, develop infrastructure and improve competitiveness.
Diego Mendilaharzu, Manager of Argenta Silver, explains how the redefinition of the geological model, new discoveries and an exploration strategy encompassing more than 20 targets are expanding the potential of one of Argentina’s leading silver projects.
Argentina’s Minister of Economy, Luis Caputo, highlighted that the Catamarca copper initiative will generate more than 6,000 direct and indirect jobs.
The company confirmed that its lithium plant in Salta operated at 90% of capacity in June and remains on track to end the year producing at levels close to its annual nameplate capacity of 24,000 tonnes of lithium carbonate.
Director Marcelo Bellini outlined the institution’s anniversary activities and discussed the impact of the copper boom. He also described academic strategies aimed at preventing students from dropping out amid immediate demand for workers from mining companies, as well as new scientific projects currently underway.