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Chinese company will invest US$2.2 billion in Argentina to explore lithium projects

The Chinese company Tibet Summit Resources will invest US$2.2 billion in two lithium exploration projects in Argentina, the company informed the Argentine ambassador to the Asian nation, Sabino Vaca Narvaja.

"Chinese company announces investments in lithium in Argentina of more than US$2 billion," the Ministry of Foreign Affairs said in a statement.

Read also: Check out our coverage on Argentina

The Chinese firm plans to allocate US$700 million to a project located in the province of Salta (north) called 'Salar de Diablillos', where . . .

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