A resolution for the “special lithium contribution” is set to be finalized by Oct. 30.
Argentina is world’s fourth-largest lithium producer and sits on the so-called “lithium triangle” spanning its South American neighbors Chile and Bolivia, believed to hold more than half the world’s lithium reserves.
The South American nation has three lithium production sites: Fenix, owned by U.S. firm Livent LTHM.N, Olaroz, majority-owned by Australia’s Allkem Ltd AKE.AX and Cauchari-Olaroz, co-owned by China’s Ganfeng 002460.SZ and Canada’s Lithium Americas LAC.TO.
(Reporting by Lucila Sigal; Writing by Sarah Morland; editing by Alistair Bell)
