Lithium as a Strategic Resource: Opportunities and Governance
The South American lithium triangle in the global race for electromobility: regulatory frameworks, local value added, and environmental sustainability.
Argentina, Bolivia, and Chile hold more than 60% of the world’s lithium reserves, a critical mineral for manufacturing electric vehicle batteries and energy storage systems. Growing global demand—estimated to multiply fivefold by 2030—places the region at the center of a geopolitical dispute between the United States, China, and the European Union.
The challenge for the lithium triangle countries is to design regulatory frameworks that maximize rent capture, incentivize local industrialization, and ensure environmental sustainability of extraction.
Industrialization is not a luxury but a necessity for developing economies.
The South American lithium triangle in the global race for electromobility: regulatory frameworks, local value added, and environmental sustainability.