In a 3000-sq-km area traversing northern Argentina and neighbouring Chile and Bolivia lies the so-called “lithium triangle” an area estimated to hold over half the world’s lithium deposits. As demand surges for the products that use lithium-ion batteries – among them electric cars, cell phones and renewable energy projects – major electronics...
Below the dry rocky earth of Neuquén Province lies one of the world’s most exciting energy prospects. The Vaca Muerta rock formation is found at depths of 1000-3000 metres, and covers an area of 30,000 sq km – similar in size to Belgium. The formation was given its name in 1931 by a geologist from the US who discovered its hydrocarbons content...
Over the last 20 years the fortune of the Argentine economy has been closely tied to one commodity: natural gas. In the 1990s, a time of economic boom for the country, the construction of combined-cycle power stations allowed Argentina to produce plentiful and inexpensive energy from its conventional gas fields in the south and west. Industry forecasts were so optimistic that...
In a context of macroeconomic and currency volatility, what can be done to boost industrial activity?
Recent efforts should see Argentina catch up to its regional neighbours in terms of mining investment. During the commodity boom that lasted through the 2000s, Argentina’s Latin American neighbours reaped the benefits of their primary industries. Chile’s stateowned copper mining company generated $6.9bn in direct revenue for the government in 2011; Brazil produced 346m tonnes...
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