Lithium Triangle Under Scrutiny: Argentina's Mining Practices and Environmental Cost

BUENOS AIRES – A recent report by journalist Naza Roviello sheds light on the burgeoning lithium industry in Argentina, a nation central to the 'lithium triangle' along with Chile and Bolivia, which collectively hold an estimated 65% of the world's lithium reserves. Lithium is a vital mineral for the production of batteries used in cell phones, computers, and electric vehicles. The report indicates that lithium mining operations in Argentina benefit from an extensive system of tax incentives and exemptions. Companies such as Allkem and Livent have reportedly faced various accusations of sub-invoicing their lithium carbonate and chloride exports. These allegations suggest that the minerals are being exported at prices significantly higher than those declared, potentially allowing companies to pay reduced taxes. Environmental concerns are also a central theme of the investigation. The report highlights that the production of a single ton of lithium requires over 2 million liters of water. This substantial water demand poses a significant challenge for the Puna region, an arid zone in northern Argentina that is heavily dependent on underground water sources for its ecosystem and local communities. The video concludes by posing a critical question regarding the environmental impact: 'Does lithium contaminate or not?'