Supply is projected to increase 3.5-fold. Argentina's lithium production is expected to grow by 254% by 2035, driven by new investments and the expansion of major projects.
Reports by Argentina's Mining Secretariat, the Argentine Industrial Union (UIA) and the Argentine Chamber of Mining Companies (CAEM) project US$15 billion in investment, installed capacity exceeding 517,000 tonnes per year of lithium carbonate equivalent (LCE), and production growth of 254% over the next decade.
The planned facility in Tinogasta would strengthen trade infrastructure near the San Francisco border crossing, supporting mining and other export-oriented industries.
The remediation program combines civil works and native vegetation restoration as part of the project's environmental management plan.
Marcos Conca's move to Barrick Argentina is part of a broader reshuffle among companies developing some of the country's largest copper and gold projects.
The agreements with Catamarca's public university and the UOCRA Foundation will support technical training, professional internships and applied research for Argentina's growing mining sector.