InvestorsHub Logo
Followers 7
Posts 7770
Boards Moderated 0
Alias Born 03/05/2014

Re: None

Tuesday, 03/21/2023 3:30:15 PM

Tuesday, March 21, 2023 3:30:15 PM

Post# of 1498
It's_only a_matter of_1-2yrs before_Bolivia/Venezuela retake Red_Corridor
after saturating Chile with their infiltrators posing as immigrants
https://www-ex--ante-cl.translate.goog/crisis-migratoria-el-creciente-temor-de-que-la-frontera-de-peru-colapse-y-profundice-el-paso-de-extranjeros-irregulares-hacia-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

Once the Peruvian border falls then there will be a free-for-all run of fresh new fighting-age Bolivians & Venezuelans into Chile. And with 100,000 to 200,000 Bolivians/Venezuelans in Chile you all know what comes next... what comes next is the return of the Red Corridor to Bolivia to facilitate the shipment of Bolivian lithium to Russia via a Red Corridor seaport on the Pacific Ocean coast.

The Doctor

PS, Hey how about those busy beaver Argentinians? They are busting records on producing lithium now beating Chile's pants off https://www.latercera.com/pulso/noticia/exportaciones-argentinas-de-litio-alcanzan-record-ad-portas-de-ingreso-de-nuevos-proyectos/RZEWLG7LTZCFTJXHRYU6RP25A4/
-------------------------

Story in English on Argentina lithium production follows:
Argentina lithium exports reach record ahead of entry of new projects
by Reuters Agency

Shipments totaled US$696 million in 2022, registering a growth of 234% year-on-year and representing 18% of all mining sales abroad.

Argentina registered mining exports for US$3,857 million in 2022, the best result since 2012, while lithium sales abroad had a year-on-year growth of 234%, the Ministry of Economy reported in a statement on Tuesday.

From 2020 to now, mining investment announcements were made for US$11,318 million, of which US$4,853 million were allocated to copper operations, US$5,141 million to lithium, US$1,293 million to gold and US$30 million to silver, while the rest was split between potassium and other minerals, he said.

The provinces with the largest investments were San Juan (US$5,428 million) for the production of copper and gold, Salta (US$3,158 million) for lithium, copper, and gold; Catamarca (US$2,311 million) of copper and gold and Jujuy (US$420 million), said the ministry of Latin America's third largest economy.
New projects

Argentina, an agricultural powerhouse, is making efforts to lure global mining firms by offering tax breaks and security promises to invest in lithium, the metal used in batteries that power both small electronic devices and electric cars.

Lithium exports were US$696 million in 2022, registering a growth of 234% year-on-year and representing 18% of all mining sales abroad.

Last month, the South American country set an all-time record for lithium exports for that month, reaching US$58 million, an 85% year-on-year growth.

The growth of February, added to that of January, allowed us to register lithium exports for US$140 million in the first two months of the year, an increase of 166% compared to the same period of the previous year and an increase of 31% in terms of quantities exported. , the statement said.
Projections 2023

It is expected that in 2023 two lithium projects will start up and the expansion of another two that are underway will be completed: Livent in Catamarca and Sales de Jujuy in Jujuy.

The progress of these projects will allow US$6 billion to enter in 2023 from mining alone, added the Ministry of Economy.

Some of the world's largest mining companies have established operations in northern Argentina, including Orocobre Ltd, associated with Toyota Corp, US miner Livent Corp, which will supply the mineral for BMW's car batteries, and China's Ganfeng. Lithium Co Ltd.

Other firms see the area that makes up the "Lithium Triangle" as a lasting source of "white gold", the largest international reserve of the mineral made up of Argentina, Bolivia and Chile.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.