POSCO Opens 23,000-Tonne Lithium Plant in Argentina
POSCO opened its second Sal de Oro lithium plant in Argentina on Tuesday, a 23,000-tonne carbonate unit backed by US$207.9 million of approved RIGI investment. The post POSCO Opens 23,000-Tonne Lithium Plant in Argentina appeared first on The Rio Times .
South Korean company POSCO inaugurated a new 23,000-tonne lithium plant in Argentina on Tuesday, October 6th. The plant is located at the Salar del Hombre Muerto, a salt flat on the border of Salta and Catamarca provinces. The plant is designed to produce 23,000 tonnes of lithium carbonate annually, all for export. POSCO, which operates the plant, is adding to the growing number of battery materials being produced outside of China.
The government invited Argentina's top political officials to the opening, including President Javier Milei's sister, Karina Milei, and the cabinet chief, Diego Santilli. The plant follows the first stage of the Sal de Oro project, which is a lithium hydroxide plant in General Güemes, Salta. Both plants together will produce around 48,000 tonnes of lithium annually, with production at the new site expected to increase gradually over the next few years.
The opening ceremony was attended by provincial governors, company executives, and businesspeople. The project is part of POSCO's larger investment strategy, which is eligible for tax, customs, and currency stability incentives through Resolution 1157/2026 of the Economy Ministry.
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