Peru, with Canadian Investor, Joins South America’s Lithium Rush

Argentina, Bolivia and Chile are referred to as the "lithium triangle" as they provide more than half the world’s supply of the mineral essential to batteries.

RIO DE JANEIRO, BRAZIL - Canada’s Plateau Energy Metals has raised nearly US$600 million (R$3.4 billion) to develop Peru’s sole lithium project and expects to start mining in 2023, a year later than planned, as the country lags its neighbors in developing the battery mineral, a company official said.

Argentina, Bolivia and Chile are referred to as the lSubscribe to our Premium Membership Plan. Already Subscribed?