EV companies are hungry for Argentina’s lithium. Little is left for Argentines

[oil rush]

The writing is on the wall. This country is about to explode upwards. Elon Musk is coming to meet with Milei later this year. Everyone is flying down to meet with Milei's administration. Going to be an economic payday. Bank heads, CIA, Military, bitcoin farms, etc. etc All in town. Boom!

EV companies are hungry for Argentina’s lithium. Little is left for Argentines

Local projects stall as the mineral’s fourth-largest producer exports to the U.S. and China, and courts Elon Musk.

restofworld.org

 

[Betsy Ross]

International community and investors are definitely bullish on Argentina and Milei. I didn't realize that Argentina exported so much lithium to the USA and China. Thanks for posting this article @oil rush. I did hear that Elon Musk was coming to meet with President Milei. Once that happens, I would have to believe it is going to cause even more interest in Argentina.

Seems like every day I read the news there are finally international investors that are investing in Argentina. This would have never happened under Massa.

https://www.cnbc.com/2024/03/26/texan-bitcoin-miner-giga-partners-with-phoenix-global-in-argentina.html#:~:text=On%20Tuesday%2C%20Giga%20announced%20its,on%20top%20of%20Vaca%20Muerta.

 

[Flamingo]

The writing is on the wall. This country is about to explode upwards. Elon Musk is coming to meet with Milei later this year. Everyone is flying down to meet with Milei's administration. Going to be an economic payday. Bank heads, CIA, Military, bitcoin farms, etc. etc All in town. Boom!

EV companies are hungry for Argentina’s lithium. Little is left for Argentines

Local projects stall as the mineral’s fourth-largest producer exports to the U.S. and China, and courts Elon Musk.

restofworld.org

Can this article be correct? It says a lady spends $400 USD per month on electricity. That can't be right. Makes me question content when I see suspect info. Or is electricity only cheap on that island? Never heard of it before.

 

[earlyretirement]

The writing is on the wall. This country is about to explode upwards. Elon Musk is coming to meet with Milei later this year. Everyone is flying down to meet with Milei's administration. Going to be an economic payday. Bank heads, CIA, Military, bitcoin farms, etc. etc All in town. Boom!

EV companies are hungry for Argentina’s lithium. Little is left for Argentines

Local projects stall as the mineral’s fourth-largest producer exports to the U.S. and China, and courts Elon Musk.

restofworld.org

Yes, this is all predictable. I started posting in July 2023 that President Milei was going to win. And I forecasted correctly how everything that is happening now was going to happen. You're going to see the Milei administration continuing to push Argentina in cutting costs, balancing its budget, cutting out corruption, getting the financial markets regulated. I am seeing examples each day, especially the past few weeks of this ramping up.

As others mentioned, it's not difficult to see the extreme interest of individuals, corporations, even nations in Argentina. You haven't seen anything yet.

 

[Spend Thrift]

Can this article be correct? It says a lady spends $400 USD per month on electricity. That can't be right. Makes me question content when I see suspect info. Or is electricity only cheap on that island? Never heard of it before.

I doubt that can be correct. My electricity bill using AC a lot is only $20 bucks a month for a big place. I doubt anyone is spending $400 US per month on electricity. Something is getting lost in translation or exaggerated.

 

[Betsy Ross]

I saw that Eramine (French company) is going to invest $800 MILLION USD for it's 2nd plant in Salta through Mileis new RIGI program. The cash is already starting to come into Argentina.

Litio: en Salta inauguraron una megaplanta que producirá 25 mil toneladas en 2025

La empresa francesa Eramet inauguró la planta de producción del metal del proyecto Centenario Ratones, con una inversión de 800 millones de dólares y en asociación con la empresa china Tsingshan.

www.perfil.com

 

[Digital Nomad]

The USA and Argentina getting closer and closer.

Argentina, US ink accord for ‘cooperation on critical minerals’

Argentina and the United States sign memorandum of understanding to strengthen production of "critical minerals" such as lithium that are essential for the energy transition.

www.batimes.com.ar