Exploring the Prolific Lithium Triangle
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Stock Code:
TSXV: LIT | OTC: PNXLF | FSE: OAY2
Company Exposure:
Lithium
Project Locations:
Argentina
Argentina Lithium & Energy Corp. is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and has assembled a first-rate team of experts to acquire and advance the best lithium properties in the “Lithium Triangle”. The company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
Prolific Location
- Lithium Triangle produces about half of the world’s lithium and hosts ~60% of known lithium reserves
- Four under-explored projects in the heart of the Lithium Triangle
- Most lithium is in salt lake brines known as salars
- Argentina produces ~10% of the world’s lithium and is a top-five global producer as of 2020
- Projects are near convenient rail, roads, water, and power
- Argentine government is encouraging foreign investment and renewable energy initiatives
