Latin American Lithium Sector is Booming and Attracting the EU
Latin American Lithium Sector is Booming and Attracting the EU

Author(s): Bartłomiej Znojek
Subject(s): Politics, Economic policy, Environmental and Energy policy, International relations/trade, EU-Accession / EU-DEvelopment
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Latin America; Lithium; Economy; EU; Policy;
Summary/Abstract: The advancement of the global energy transition is intensifying the competition for access to lithium. Consequently, the significance of Latin American producers of this raw material - especially Argentina, Bolivia and Chile, which have more than half of the world’s proven reserves - is rising, but they differ in their concepts and the pace of exploiting this potential. The EU considers lithium a strategic raw material and seeks stable supply chains for it. To this end, it is strengthening cooperation with Latin American countries, led by Chile, the largest exporter of lithium to the EU, and through other means.

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