By Smartencyclopedia Newsroom *

According to the Argentinian Mining Ministry, lithium exports from Argentina experienced an extraordinary surge, setting a new record.

The first five months of the year saw a remarkable 84 percent year-on-year increase, totaling an estimated $369 million. This figure represents the highest export total ever recorded for the January-May period.

Additionally, the Ministry highlighted that in May alone, overseas lithium sales reached $60 million, marking a 17 percent year-on-year increase and reaching a historical high.

“This growth is also reflected in employment, which reached 3,788 job positions,” the Mining Ministry added.

According to government reports, lithium exports account for over 60 percent of the mining dispatches from the northwest region of Argentina (NOA), primarily centered in the provinces of Jujuy, Catamarca, and Salta.

Source: With Agencies