Tecpetrol rolls out ambitious lithium investment plan at Tolillar lithium project

News
At a meeting held at the Government House of Salta, representatives from Tecpetrol, a company belonging to the Techint group, have officially presented their strategic investment plan to Governor Gustavo Sáenz for the development and implementation of the Tolillar lithium project.

By Panorama Minero

The Tecpetrol delegation, led by Andrea Rocca, President of the Energy Transition Division, Jorge Dimópulos, Vice President of Lithium Projects, and David Uriburu, President of Institutional Relations at the Techint Group, was received by the provincial leader along with the Minister of Infrastructure and Coordination of Linkage and Political Relations, Sergio Camacho.

The focal point of the meeting was the unveiling of Tecpetrol's investment plans following the recent acquisition of Alpha Lithium Corporation, thereby consolidating its presence in lithium projects in the salars of the Salta Puna. Among these projects, the ambitious development in Tolillar stands out, where the company plans to establish an industrial plant with an estimated production capacity of 30 thousand tons per year of lithium carbonate.

Governor Sáenz highlighted the importance of providing a conducive environment for investments, emphasizing the significance of mining as a fundamental pillar for economic growth and job creation in the province. "Our state policy is to guarantee legal certainty, clear rules of the game, and predictability to protect mining investments that generate employment and supplier development throughout their value chain," stated the governor during the presentation.

Tecpetrol's relationship with Salta dates back to its history in the hydrocarbon industry in the Campo Durán area, located in the northeast of the province. With this strategic foray into the lithium sector, the company aims to diversify and strengthen its presence in the region, thus contributing to the economic and technological development of Salta and reaffirming its commitment to sustainable growth.

3b. Sáenz Tecpetrol.jpg

Magazine

Edición 528 - Marzo 2024
2024 Argentine Mining Compendium
Edición 527 - Febrero 2024
Edición 526 - Diciembre 2023
Edición 525 - Noviembre 2023
Edición 524 - Octubre 2023
Edición 523 - Septiembre 2023
Edición 522 - Agosto 2023
Edicion 521 - Julio 2023
Edición 520 - Junio 2023
Edicion 519 - Mayo 2023
Edición 518 - Abril 2023

Events

    Expo San Juan
    Lithium in South America
    Gold, Silver & Copper

Do you want to receive news about the sector and Panorama Minero initiatives?


Sign up for our newsletter.

Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Next Tuesday, May 21, Wednesday, May 22, and Thursday, May 23, Argentine mining will gather at the San Juan Mining Expo 2024, the most important sector event of the year, where strong decisions about the future of the activity are expected. Six governors, the Secretary of Mining of the Nation, and the main mining and supply companies will be present at the event, with the participation of key actors from both the local and international levels. The exhibition comes at a crucial moment for the industry amidst discussions about the RIGI and the need to energize major projects.
 Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium, the multinational lithium company, announced its financial results for the first quarter of 2024, highlighting solid profitability driven by average prices for lithium hydroxide and carbonate above US$20,000 per metric ton. The company anticipates cost synergies and savings between US$60 and 80 million for the year and continues to advance towards a capacity of 170,000 LCE by 2026.

Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

AbraSilver Resource Corp, a Toronto-based mining company, announced the start of a 20,000-meter drilling campaign at its Diablillos project in the province of Salta. The diamond drilling program will focus on expanding and delineating high-grade silver and gold mineralization within the company's flagship project. AbraSilver's goal is to identify new mineralized zones and explore under-explored areas, thereby driving the project's growth.
Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

From May 21st to 23rd, San Juan will be the epicenter of mining in Argentina with the "10th San Juan International Mining Expo" organized by Panorama Minero at the Cepas Sanjuaninas venue. This biennial event, founded in 2006, will bring together key industry players at a crucial moment for the country's politics and economy, just days before the “May Pact" meeting announced by President Javier Milei.
Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

The Argentine provinces of Santa Cruz, San Juan, and Jujuy topped mining exports during the first quarter of 2024, despite a decline in overall sector sales compared to the same period last year. In March, mining exports reached US$320 million, down 5.9% from March 2023. In the first three months of 2024, the total exports amounted to US$861 million, marking a 15.8% decrease compared to the first quarter of 2023.

Anglo American rejects BHP's offer

Anglo American rejects BHP's offer

Following the announcement made by the Australian giant BHP regarding an offer to acquire a portion of Anglo American's global business, the British company's Board of Directors provided an update stating that “the unsolicited, non-binding, and highly conditional offer was unanimously rejected by the company.”