Battery Metals Snapshot: Eight companies developing minerals critical for a low-carbon future

As the world transitions away from fossil fuels to electrified transportation systems and energy networks, new deposits of the minerals required for a low-carbon future will need to be discovered and developed. Here is a list of eight companies exploring for these minerals, which include lithium, cobalt, graphite, and nickel. 

ARGENTINA LITHIUM & ENERGY

Argentina Lithium & Energy (TSXV: LIT; US-OTC: PNXLF) is a lithium explorer with assets covering over 670-sq.-km in Argentina’s Salta and Catamarca provinces, including the Rinco West, Pocitos, Antofalla North, and Incahuasi lithium brine projects. 

The properties lie within the famed Lithium Triangle of South America, an arid region of the Andes mountains encompassing parts of Argentina, Bolivia, and Chile. The region produces about half of the world’s lithium and hosts approximately 60% of known reserves. 

According to Argentina Lithium, all four properties are close to critical infrastructure and can be accessed year-round via an existing road network. 

The company recently acquired a 100% interest in Rincon West and Pocitos.  

In March, Argentina Lithium commenced an advanced geophysical imaging survey of the 24.7-sq.-km Rincon West property, located in the Salar de Rincon in Salta province. It said the planned 40-line-km of deep-seeing transient electromagnetic (TEM) sounding survey would image the sub-surface of the basin and facilitate target definition for an approximate five-hole follow-up drill program, slated to start in the second quarter. 

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