Eramet plans 350M lithium expansion

French mining group Eramet plans to invest 350 million dollars to expand lithium production in Argentina. The project aims to add 11000 metric tons of annual capacity. Eramet seeks inclusion under Argentina investment scheme.

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An aerial view shows Eramet's lithium production plant at Salar Centenario in Salta, Argentina July 4, 2024. REUTERS/Matias Baglietto

ERAMET plans to invest $350M to expand its lithium output in Argentina, the France-based mining group said on Thursday afternoon. The project aims to add 11,000 metric tons of annual capacity. The expansion builds on current operations of 24,000 tons at the Centenario facility.

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