#Argentina Eyeing #Lithium Superpower Status Amid #Battery Boom

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#Argentina has some good news for #Elon #Musk’s #Tesla Inc., and bad news for #Lithium producers elsewhere: the country may be about to flood the market with lithium.

After President Mauricio Macri removed currency and capital controls and taxes introduced by his predecessors, about 40 foreign companies began to consider opportunities in #Argentina’s mining industry, more than half of those in lithium, according to Mining Secretary Daniel Meilan.

Read more at: https://www.bloomberg.com/news/articles/2017-03-06/argentina-s-lithium-superpower-ambition-is-good-news-for-tesla

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