Oscar Vargas Villazon Lithium economics expert, Socio Fundador empresa TKN srl Asesores, Dottore in Economia e Commercio, Universita degli Studi "La Sapienza", Roma, Italia, Lycée franco-bolivien Alcide-d'Orbigny 54m • Rate this translation
Lithium companies from Israel that arrive with XtraLit in Argentina. hashtag#chile, hashtag#Bolivia, hashtag#argentina, hashtag#oscarvargasvillazon, February 21, 2024. The company XtraLit made an investment of US$104 million in Argentina to begin the extraction of the mineral.
XtraLit will invest in Argentina's lithium industry, with a group of Israeli companies that are experts in direct lithium extraction. In 2023, XtraLit was selected by Sociedad Química y Minera de Chile (SQM) – the largest lithium producer in South America – for its technology acceleration program.
Tenova Advanced Technologies, also present in Chile. Tenova TAKRAF offers the agglomeration plant, the On-Off leaching, waste management system and Tenova Bateman Technologies based on Bateman SettlerTM technology.
Addionics, a battery technology company based in Israel. The main investors are Deep Insight. They include Novelis, Magna International, JX Nippon Mining & Metals, Union Tech Ventures, 8090 Partners, GiTV, Talcar Corporation, impact investment fund Bridges Israel, Doral Energy Tech Ventures (Doral Energy CVC) and David Deak. NextGear Ventures and Vasuki Global Tech Fund.
The Israeli company ASTERRA, developer of algorithm-based technology for the analysis of satellite images, has announced the filing of a patent for its technology that allows it to locate lithium deposits.
Israeli specialty minerals company ICL has announced plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, ICL said this will be the first large-scale LFP materials manufacturing plant in the United States.
The Israeli company Epsilor Industries Ltd., Bet Shemesh, Israel, which manufactures batteries for military armored vehicles, such as the Merkava Mark IV tanks that equip NATO.
StoreDot, an Israeli company specializing in high-performance solid-state and lithium-ion batteries.
Behind the XtraLit company, there are investments from Halliburton Labs and Veligera Capital Fund, which also have stakes in some of the main productive and financial companies in Argentina.
What is XtraLit looking for on Argentinian soil? XtraLit explained that the project aims to "expand the frontiers of Argentine lithium." This would be achieved by putting into production salt flats that are not economically viable today, as well as the extraction of lithium contained "in water produced from oil and gas, or geothermal brines."
It is good news for Argentina, there is only one loose end, it would help a lot if the MOSAD informs the Argentine government about what it knows about the AMIA attack, about which country manipulated Iran and the Hezbollah movement and about who killed Prosecutor Alberto Nisman.
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