This is part of the investments announced by the South Korean company POSCO. The governors of Salta, Carlos Sáenz, and Catamarca, Raúl Jalil, also participated.
The Secretary of Mining of the Nation, Luis Luceroparticipated this Thursday in the opening in Jump of the first lithium hydroxide plant of the South Korean company POSCOtogether with the governors of Salta, Carlos Saenzand Catamarca, Raul Jalil.
It is the first commercial lithium hydroxide plant in the countrylocated in the General Güemes Industrial Park. The Government considered this fact in an official communication as “a great advance for the development of added value in the lithic sector in which companies like POSCO have been investing as a clear sign of investor confidence in Argentina”.
Lithium hydroxide is an essential component for high-performance batteriesused in high-end electric vehicles. The setup of the plant demanded cso a billion dollars of investment and more than 4 thousand new jobs. It has a production capacity of 25,000 tons per year.
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The commercial lithium hydroxide plant is part of the investments announced by the South Korean company GOSSAMERwhich amounts to approximately 1.6 billion dollars.
YPF launches its first RIGI project for US$2.5 billion while waiting for a definition from Petronas for LNG
While waiting for a definition of Petronas for him LNG, YPF does not stop its march and launches the construction of the second section of the Vaca Muerta Southern Pipeline (VMOS), the first project RIGI with an investment of US$2.5 billion.
This was confirmed by the CEO of the state oil company, Horacio Marinduring the CEOs Meeting, an unmissable event of the IAGP AOG Patagonia 2024, which is held in Neuquén until Friday, October 25. “We have already moved forward with the agreements and in January we started construction,” the executive said at the event.
According to Marín, this mega-work will be headed by YPF but five other partners from the hydrocarbon sector will also participate.
Although the owner of YPF He avoided giving his own names in public, Energy Report was able to find out that those who will join the project with a percentage participation of the new company that is going to be created are PAE, Vista, Pampa, Shell Argentina and Chevrón. Tecpetrol said no.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
