Argentina tripled lithium carbonate production capacity in last two years
Argentina, the world's No. 4 lithium producer, has four projects in production.
Vale has paid $6 million for a minority stake in the Boston Electrometallurgical Company (Boston Metal) as part of efforts to produce steel without carbon emissions, according to a statement on Tuesday.
Boston Metal is a pre-operational company founded in 2012 by professors at the Massachusetts Institute of Technology working on molten oxide electrolysis in order to transform iron ore for steel production without making carbon dioxide, Vale said.
(By Ana Mano; Editing by Louise Heavens)
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