Column: Demand weakness helps cushion tin from supply problems
Tin demand last year was weaker than expected and is on course for only a modest recovery in 2024, according to the International Tin Association.
Orocobre, along with Toyota Tsusho and Toyotsu Lithium have broken ground and begun construction at the Naraha lithium hydroxide plant. The plant is the first of its kind to be built in the country.
The plant will convert lithium carbonate feedstock sourced from the Olaroz lithium project in northern Argentina into battery grade lithium hydroxide. The output is intended for Japanese battery producers. Toyota Tsusho will act as the exclusive sales agent.
A cathode manufacturing facility is already in operation near the Naraha plant, and plans have been announced to develop a battery making facility there.
(This article first appeared in the Canadian Mining Journal)
