Argentina has the second-largest reserves of lithium in the world, at around 22 million tons. As battery technology advances and global demand for the mineral grows, the country is trying to position itself as a global hub for renewable energy generation. Corporations and banks have heralded a wave of “green” policies aimed at accelerating the […]
  • Argentina is trying to position itself as a global hub for clean energy, attracting private investment in lithium mining while marketing new battery factories in the region.
  • The World Bank has framed some of the lithium projects it backs as “climate action” that will help advance the clean energy transition.
  • But critics say lithium mining is hurting local and Indigenous communities and depleting freshwater resources.
  • The race to buy up private land for lithium mining has also allowed an influx of international corporations that may contribute to increased carbon emissions rather than help lower them, critics point out.

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