Argentina and Bolivia agree to produce lithium cells and batteries

Edited by Ed Newman
2022-07-29 17:16:12

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​The Argentinean Minister of Science, Technology and Innovation announced that Argentina and Bolivia have agreed to produce lithium cells and batteries.   The accord consolidates the scientific-technological cooperation between Argentina and Bolivia.​

Buenos Aires, July 29 (RHC)-- The Argentinean Minister of Science, Technology and Innovation announced that Argentina and Bolivia have agreed to produce lithium cells and batteries.   The accord consolidates the scientific-technological cooperation between Argentina and Bolivia.

The companies YPF Tecnología (Y-TEC) of Argentina and Empresa Pública Nacional Estratégica de Yacimientos de Litio Bolivianos (YLB) signed on Thursday a scientific-technological cooperation agreement to produce lithium cells and batteries.

The president of Y-TEC, Roberto Salvarezza, and the director of the Bolivian company, Carlos Humberto Ramos, signed their signatures after a meeting in the capital of Argentina, in order to promote a common initiative to develop different activities in the technological field.

In this sense, the memorandum includes the production of cathode materials from lithium salts, the implementation of a battery and cell production plant and the scientific-technical assistance and training to professionals and researchers through research projects.

In declarations to local media, Filmus ratified that the recently signed document "consolidates the scientific-technological cooperation between Argentina and Bolivia", while it will be favorable to exchange knowledge, train engineers and technicians, as well as to exploit and produce strategic materials with added value.  

According to the representative of the portfolio, Argentina must "stop being a country that only exports primary resources and start adding value to them, industrialize them and position ourselves in the world in a scenario that is moving towards this mineral. We must change the productive matrix and boost our exports." 

For his part, Bolivian Minister Molina Ortiz welcomed the signing of the agreement, which "deepens the bonds of brotherhood, while enabling the exchange of technology and experiences between the two countries, from the processes of industrialization and development in science and technology. It is part of the actions that we have been carrying out, with the will of our presidents, since the signing of the memorandum in Buenos Aires".

The bilateral agreement is instituted as part of the Joint Declaration signed in April by the presidents of Argentina, Alberto Fernández, and Bolivia, Luis Arce, where they ratified the importance of implementing cooperation projects to promote the lithium value chain.



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