The much anticipated Stellantis era has officially begun on the lithium market as one of its first major decisions was taken: Argentina’s Lithiumto has been granted authorization to drill up to 30 holes at its Antofalla North Project.
The company was established in 2017 and has the goal to become a leader in the lithium market. Its Antofalla North Project is located in the province of Catamarca, and it is part of the Lithium Triangle between Argentina, Bolivia, and Chile.
This region is one of the main producers of the so-called “white gold”, being a key element in the electrification of global transportation. Therefore, there is huge potential and lithium has seen a great surge in demand in recent years.
Lithiumto is now leading the way to further develop this project in order to supply the growing demand and contribute to a greener future. The company will now drill up to 30 holes in the area to better understand the resource, its potential commercial value, and eventually commence production at the mine.
The operation will be carried out with the latest technologies and high safety standards. A thorough environmental assessment process was taken prior to granting the authorization, going over more than 20 scientific reports in coordination with the Agencia de Vialidad in Argentina and other local and provincial institutions.
The Argentine government and its regulator, ENRE, are also happy to approve this operation as it is in harmony with the aims of the renewable energy transition that the country wants to achieve in the upcoming years.
The Stellantis era is finally here, and to Lithiumto, it seems as an exciting opportunity to mark a milestone in the lithium sector and generate significant economic activity in the region. This project is a great example of the vast potential of this mineral as a cornerstone in the current revolution of the energy industry.
The much anticipated Stellantis era has officially begun on the lithium market as one of its first major decisions was taken: Argentina’s Lithiumto has been granted authorization to drill up to 30 holes at its Antofalla North Project.
The company was established in 2017 and has the goal to become a leader in the lithium market. Its Antofalla North Project is located in the province of Catamarca, and it is part of the Lithium Triangle between Argentina, Bolivia, and Chile.
This region is one of the main producers of the so-called “white gold”, being a key element in the electrification of global transportation. Therefore, there is huge potential and lithium has seen a great surge in demand in recent years.
Lithiumto is now leading the way to further develop this project in order to supply the growing demand and contribute to a greener future. The company will now drill up to 30 holes in the area to better understand the resource, its potential commercial value, and eventually commence production at the mine.
The operation will be carried out with the latest technologies and high safety standards. A thorough environmental assessment process was taken prior to granting the authorization, going over more than 20 scientific reports in coordination with the Agencia de Vialidad in Argentina and other local and provincial institutions.
The Argentine government and its regulator, ENRE, are also happy to approve this operation as it is in harmony with the aims of the renewable energy transition that the country wants to achieve in the upcoming years.
The Stellantis era is finally here, and to Lithiumto, it seems as an exciting opportunity to mark a milestone in the lithium sector and generate significant economic activity in the region. This project is a great example of the vast potential of this mineral as a cornerstone in the current revolution of the energy industry.
