Argentinian lithium exports witnessed a record-breaking increase of 84 percent year-on-year in the first five months of the year, totaling an estimated US$369 million, the country’s Mining Ministry announced today.
The overseas sales figure is “the highest accumulated export total for the January-May period ever recorded,” the government entity stated on its Twitter account.
The Ministry pointed out that in May, the overseas lithium sales amounted to $60 million, marking a 17 percent year-on-year increase and a historical high as well.
“This growth is also reflected in employment, which reached 3,788 job positions,” the Mining Ministry added.
According to government reports, lithium exports account for over 60 percent of the mining dispatches from the northwest region of Argentina (NOA), primarily centered in the provinces of Jujuy, Catamarca, and Salta.