For Latin America, Will Booming Lithium Bring Competition—or Collaboration?
Increasing global demand for the mineral could benefit countries with the world’s largest reserves.
BUENOS AIRES - Nearly 55% of the world’s lithium deposits lie in Latin America’s lithium triangle, the swath of territory encompassing Chile's and Argentina's northern regions and Bolivia's southwest. But as hopes of a windfall from increased electric vehicle production rise, anxieties are rising too over which country will come out on top—or whether cooperation between the three can help secure more advantageous deals. Already, expectations of rising demand are contributing to strains in global supply, as the price of lithium carbonate equivalent, a key lithium derivative, has...
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