India in talks with Argentina, Bolivia to acquire lithium assets – secretary
India is at an advanced stage of discussions with Argentina to acquire lithium blocks, according to the country's top bureaucrat in the mining ministry.
The new HPAL projects, and the surge of inexpensive metal from a country whose deposits have long been unloved by major producers, could push the market into oversupply.
MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.