Chinese investors jostle over Argentine lithium mines

Gold producer Zijin and battery maker CATL join race for key EV material

20211011 Lithium Argentina

Argentina holds the world's second-largest identified reserves of lithium, but is currently the third-largest producer.  © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

TOKYO -- Chinese companies have splurged over $1 billion on rights over three lithium mines in Argentina in as many weeks as a race to secure supplies of the "white gold" critical to most production of electric car batteries revs up.

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