Argentina Gears Up To Dump Tons of Lithium on an Oversupplied Market

Over the past decade, Argentina has plowed millions of dollars into the country’s giant lithium deposits with little to show for its efforts. To wit, no new mines have come online in the Central American nation for nearly a decade. Argentina is the world's fourth-largest lithium producer, and together with Chile and Bolivia, forms part of South America's so-called “lithium triangle”. Argentina has just two mines in operation today, and produces around 34,000 tonnes a year of lithium carbonate equivalent (LCE), according to figures…