Page 160 - CW E-Magazine (6-2-2024)

News from Abroad

CRITICAL MINERAL
‘Argentina expected to top Chile and Australia Bharat Jyoti Impex

in lithium production by 2027’ AVAILABLE REGULARLY

Argentina’s lithium industry is lithium plant in Argentina, which is  3-Amino Benzoic Acid  4 Amino Phenol  Acetophenone  Meta Hydroxy Butyric Acid  1-Methyl Imidazole  2-Methyl Imidazole

kicking off 2024 with a bang, as a new expected to have a production capacity  Acetyl Acetone  Acrylonitrile  Adipic Acid  Allyl Alcohol  Allyl Chloride  2-Methyl THF  Methyl Cellosolve  Methyl Cyclohexane  Methyl Salicylate
 Methyl Iso Propyl Ketone
 Allylamine  Alpha-Methyl Styrene  Amino Ethyl Ethanol Amine
 Methyl Isobutyl Carbinol (MIBC)  Methyl Stearate
report from the Argentinian commodi- of 25-ktpa of lithium hydroxide when  Amino Guanidine Bicarbonate  Antimony Trioxide 99.8%  Methyl Propyl Ketone  Methyl Tin Mercaptide  Monoglyme / Diglyme
ties exchange, Rosario Stock Exchange construction is completed in H1 2024.  Azelaic Acid  1,2,3-Benzotriazole  1,3-Butane Diol  Biphenyl  N,N-Dicyclohexyl Carbodiimide  N,O-Bis (Tri Methyl Silyl) Acetamide

(RSE), projects the country’s produc- POSCO currently aims by 2030 to  Boron Trifluoride Etherate  D-Camphor Sulphonic Acid  Cerium Oxide  N-Amyl Alcohol (N-Pentyl Alcohol)  N-Butyl Amine  N Butyraldehyde
 Cetyl Chloride  CIS-2-Butene-1,4-Diol  Cyano Acetamide  Cyanuric Chloride

 N-Decanol  N-Hexyl Alcohol (99% & 98%)  N-Methyl Piperazine
tion to surpass both Chile and Australia produce a combined 423-kt of lithium  Cyclohexanol  Cyclopropylamine  2,4 Di Tertiary Butyl Phenol  Nitro Ethane  Nitro Methane  1-Octanol (C8)  1-Octene

by 2027. hydroxide, extracted from lithium ores,  2,2-Dimethoxy Propane  Dibromomethane (Methylene Di Bromide)  Ortho Chloro Benzaldehyde  2-Pyrrolidone  Para Benzoquinone
 Para Chlorobenzaldehyde  Para Hydroxybenzaldehyde
 Di Ethyl Ketone  Di Ethyl Carbonyl Chloride  D-Ribose
brines and other sources. POSCO’s  Di Ethyl Malonate  Di Ethyl Sulphate  Di Methyl Malonate  Pelargonic Acid  Pivaloyl Chloride  Phosphorous Pentoxide

“In a context where lithium produc- Inc. The two contiguous claims that are Argentina operations are also located  Di Phenyl Carbonate  DIBOC (Di Tert. Butyl Dicarbonate)  Potassium Tertiary Butoxide  Potassium Thioacetate  Pyrrolidine

tion is expected to grow 8% annually the subject of the agreement, the near the lithium producing Fenix Pro-  Diethyl Oxalate  Dicyclopentadiene  Diisopropyl Succinate  Resorcinol (China)  Salicylic Acid Technical / Pure  Selenium Dioxide
 DMSO (Hubei Xingfa)  2 Ethyl Hexyl Bromide
 Stearyl Bromide  Secondary Butanol (China)  Selenium Metal Powder 99.9%
 Di Iso Butyl Ketone (DIBK)
in Chile and 16% in Australia by 2027, Viamonte and Norma Edith claim blocks, ject of Arcadium Lithium – an asset  2-Ethyl Hexyl Thioglycolate  Ethyl Acrylate (Satellite-China)  Sodium Ethoxide  Sodium Methoxide  Sodium Tertiary Butoxide

 Ethyl Benzene  Ethyl Cyclo Hexane

 Ethyl Acrylate (Formosa-Taiwan)
the average annual increase in Argentina are covered by a jurisdictional conflict carried over into the newly-created en-  Formamide  Formic Acid 99%  Fumaric Acid  Gamma Butyrolactone  Sodium Sulphite (Aditya Birla - Thailand)  Succinic Acid
 Sulfolane Anhydrous  Strontium Carbonate
 Succinic Anhydride
aims to be 50%,” the report said. The between Catamarca and Salta Provin- tity after the official completion of the  Gamma Amino Butyric Acid (4 Amino Butyric Acid)  Glycine  1,2,4-Triazole Sodium Salt  2,2,2-Tri Fluoro Ethylene

report points to Argentina’s boom of ces. POSCO has title on the Catamarca $10.6-bn merger of Allkem and Livent.  Glycolic Acid 70%  Glyoxal 40%  Glyoxylic Acid 50%  Guanidine HCl  D - Tartaric Acid  Tert. Butyl Amine  Tertiary Butyl Acetate

important projects underway in the me- side and Lithium South has title on the  Guanine  1,6-Hexane Diol  Hippuric Acid  12 Hydroxy Stearic Acid  Tertiary Amyl Alcohol  THF (Dairen, Nan Ya)  Thioacetamide
Lauric / Myristic / Palmitic / Oleic /
DCFA / Caproic / Caprylic Acid

 Thiocyanates: Ammonium / Sodium / Potassium

dium-term, compared to Australia and Salta side. Now, in the spirit of compro- Having already secured a lithium sup-  Imidazole  Isobutylamine  Isovaleraldehyde  Itaconic Acid  Thioglycolic Acid (Japan & China)  TMOF / TEOF / TMO Acetate

Chile’s “smaller and more uncertain mise, the two companies have agreed ply deal with the country itself to produce  L + Tartaric Acid  L-Proline  Lactic Acid  Lanthanum Carbonate  Tri Ethyl Citrate  Triethyl Ortho Acetate  Triethylsilane
 Tri Fluoro Acetic Acid

 2,2,2 Tri Fluoro Ethanol  Tri Isodecyl Stearate

number of projects.” to see the area developed and share the cells and batteries in a new plant, Livent  Lithium Amide  Lithium Aluminium Hydride  Lithium Carbonate  Tolyl Triazole  2,6-Xylidine  Zinc Chloride Anhydrous 99% China

 Malonic Acid
 Lithium Hydroxide  Lithium Metal 99% / 99.9%  Maltol
brine produced on a 50/50 basis. The has been active in Argentina. Recently
According to an analysis by financial two contiguous blocks are adjacent to Livent bought a minority stake in direct NACOL 6 99% (N HEXANOL), NACOL 8 99% (N OCTANOL),
media firm, USA News Group, among Arcadium Lithium and are located in lithium extraction (DLE) technology firm NACOL 10 99% (N DECANOL) SASOL GERMANY
the lithium miners garnering the most a key portion of the Hombre Muerto ILiAD Technologies’ parent company. Meta Para Cresol [Meta 60%] / Para Cresol / Meta Cresol 99.5% /
attention in Argentina at the moment Salar, in the heart of the Lithium Triangle. According to the company, the techno- Fluorobenzene / Tetra Hydro Furfuryl Alcohol / Tri Fluoro Acetic Anhydride
includes Lithium South Development logy could be utilised for commercial Cyclopentanone / Di Methyl Acetamide [Henan Junhua] / Pelargonic Acid (Nonanoic Acid)
Corporation, POSCO Holdings, Lithium The involvement of POSCO Hold- purposes as early as 2025.
Americas (Argentina) Corp, Arcadium ings came with very little surprise, given Amines : Allylamine / Di Cyclohexylamine / Diisopropylamine /
Lithium, and Rio Tinto Group. the HMN-Li Project’s close proximity As two companies are in the process Di-N-Propyl Amine / Tert. Butyl Amine / DL Alfa Phenyl Ethyl Amine /
to the Korean giant’s upcoming of a merger, newly spun-out Lithium Isobutylamine / Monocyclohexylamine / N-Butyl Amine / Furfurylamine /
Among the projects progressing $4-bn Salar de Oro project, which is Americas (Argentina) Corp. is in the Mono Ethyl Amine 70% / Diethyl Hydroxylamine
Argentina towards a Top-3 lithium scheduled to ramp up production to process of Stage 1 ramping up produc- DI ISO BUTYL KETONE (DIBK) w DI ISO BUTYL KETONE (DIBK) w DI ISO BUTYL KETONE (DIBK)
producer status is the Hombre Muerto 100-ktpa by 2030. After announcing its tion of its Caucharí-Olaroz to 40-ktpa DI ISO BUTYL KETONE (DIBK) w DI ISO BUTYL KETONE (DIBK) w DI ISO BUTYL KETONE (DIBK)
North Lithium (HMN-Li) project, intention to build a second lithium of battery-quality lithium carbonate to PETROLEUM ETHERS
100% owned by Lithium South Deve- hydroxide plant in South Korea by 2024, be completed by mid-2024. Along with 40-60 / 60-80 / 80-100 / 100-120 ETC.
lopment Corporation in Salta Province, POSCO is in the process of securing the ramp up, Lithium Americas (Argentina) : MFGD BY :
Argentina, spread across nine claim more lithium feedstock from their expects to continue integrating its M/S. Pradeep Shetye Pvt. Ltd. MIDC Mahad 402301
blocks, five of which are located international operations for their battery Pastos Grandes (100% owned) and Sal Water Treatment Chemicals: Trichloroisocyanuric Acid / Sodium Dichloroisocyanurate (56%) Granule /
directly on the salar. Fresh off of submit projects, which the company has com- de la Puna (65% owned) assets in align- 1,2,3 Benzotriazole 99.5% / Tolyltriazole Granular / Glutaraldehyde 50%
ting a new technical report, revealing mitted a comprehensive $20-bn invest- ment with the project. Foundry / Casting Industries: Furfuryl Alcohol / Furfuraldehyde / Triacetin (Glycerine Triacetate) / Dibasic Ester /
a remarkable 175% increase in lithium ment plan. Ethylene Glycol Diacetate (EGDA) / Tri-N-Butyl Phosphate / Triisobutyl Phosphate
resources now totalling more than According to the company’s latest PvC Stabiliser: 2-Ethylhexyl Thioglycolate / Thioglycolic Acid 80% / Methyl Tin Mercaptide
1.58-mt of lithium carbonate equivalent In 2021, POSCO (along with WSK) Q3 2023 results, Lithium Americas Bharat Jyoti Impex
(LCE), Lithium South announced a new began developing their own membrane (Argentina) already exported its first ship-
cooperative development agreement electrodialysis system, which has now ment from Argentina in early October, “Jasu”, Ground Floor, 30, Dadabhai Road, (Near CNM School), Vile Parle (West), Mumbai 400 056.
with POSCO Argentina SAU, a wholly been completed. This system will be and completed the first train of its KCI Tel.: +91-22-2623 3434  Fax: 2623 3737  Email: info@bharatjyotiimpex.com
Website: www.bharatjyotiimpex.com
owned subsidiary of POSCO Holdings first applied to the company’s brine plant with commissioning underway. More than 2000 CheMiCals in sMall PaCking
160 Chemical Weekly February 6, 2024
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