Argentina: The national government announced a 400-million-dollar investment for Chinese steelmaker Tsingshan
OCMAL
Argentina: The national government announced a 400-million-dollar investment for Chinese steelmaker Tsingshan
- New risks for salt lakes regions in the northern Argentina’s Salta Province allegedly related to a millionaire concession to Framet French group and Chinese steel company Tsingshan
- The facilities would serve to increase lithium production, despite of its negative environmental impacts, according to local communities
"More lithium and polluting extractive mega-mining for the north of Argentina" -09 November 2021-...
...This Monday, President Alberto Fernández, from the Casa Rosada, announced an investment of 400 million dollars by the French group Eramet to resume the construction of a lithium plant in the province of Salta...The company will build, together with the Chinese steel company Tsingshan, a lithium extraction plant that will start producing at the beginning of 2024 in the "Centenario-Ratones" salt flat and will have a capacity of 24,000 tons per year. It is also supposed to provide 2,000 jobs...Mega-mining lithium mining generates large socio-environmental liabilities. It requires drilling deep into the salt lakes to reach the brine (salt-saturated water) that contains the key mineral that powers mobile phones, computers and electric cars...