Chinese multinational mining group Zijin Mining Group Company Limited is currently in talks with Argentina’s mining company Camyen about a potential joint venture to build a mining plant. The plant, with an annual production capacity of 50,000 tonnes of lithium iron phosphate, is set to begin its operation in 2024. This venture taps into Argentina’s rich lithium reserves, with the output serving as a key component in electric vehicle batteries. Zou Liachang, the company’s President, believed that the move aligns with Zijin’s ambition to rank among the world’s top three mining companies by 2030.
Source: https://miningdigital.com/articles/zijin-and-camyen-to-build-a-lithium-plant-in-argentina
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