While the prices for key battery minerals have so far been subdued in 2019, the general excitement about the future wide adoption of EVs continues to fuel activity.
Mining activity in May dropped 2.3% compared with the same month in 2018 as the sector continued to confront sharply falling ore grades at its largest deposits.
The miner expects to invest 525 million euros in the Centenario deposit with the aim of producing 24,000 tonnes of lithium carbonate equivalent per year.