[HIGHLIGHTS] The main Chinese lithium company pays US$ 70 million to get a foothold in a project in Salta

The main Chinese lithium company pays US$ 70 million to get a foothold in a project in Salta. Ganfeng will enter with a minority percentage in the Pastos Grandes mine.

Argentina is the fourth largest lithium producer in the world behind Australia, Chile and China. It has 20% of the reserves of the Lithium Triangle, the area that forms part of Bolivia and Chile that has 50% ofThe resource worldwide. The Chinese mining company also invested in other projects in SaltA, such as Mariana.