Argentina * Chile * Mexico
Argentina produces about half of the world’s lithium and hosts approximately 60% of the known lithium reserves. Futura Lithium Corp. believes that a combination of high geologic potential and a promising demand climate have set the conditions for delineating and advancing new lithium resources in Argentina.
In 2021, Chile accounted for roughly one quarter of global lithium production, with its lithium mine output estimated at 26 thousand metric tons. The Atacama in northern Chile is the driest desert in the world, and may be the oldest. It also holds 40% of the world’s lithium – an essential ingredient in the rechargeable batteries used in green technology.
Mexico ranks ninth in the world among countries with the largest lithium reserves with 1.7 million tons. Currently, Mexico already has a comparative advantage to other countries, like Bolivia, Chile or Argentina. It is the fifth-largest auto parts producer in the world and it is expected that Mexican factories will soon begin assembling EVs in mass quantities.