BUENOS AIRES, March 15 (Reuters) - Global lithium mining
firm Arcadium Lithium Plc ( ARLTF ) said on Friday that its
operations in the northern Argentina region of Catamarca would
not be impacted by a ruling by a provincial court blocking the
issuance of new permits.
The ruling, which came after a petition by local indigenous
communities, temporarily halts the issuance of new permits and
authorizations in a lithium rich basin in Catamarca, where
Arcadium operates, until the local government carries out
environmental impact studies.
"The court ruling does not impact Arcadium Lithium's ( ARLTF )
existing mining operations and expansion activities at its Fenix
and Sal de Vida projects," the firm said in a statement.
"All of the company's existing permits and Environmental
Impact Assessments (EIAs) remain valid."
Arcadium already produces lithium from brine at the Salar
del Hombre Muerto and the firm has expansion plans underway.
The case underscores wider tensions between companies and
local communities over water use and the environmental impact of
extracting ultra-light battery metal lithium, which is key for
the electric vehicle revolution.
Argentina, inside South America's so-called "lithium
triangle", is one of the world's top producers of the metal with
a strong pipeline of regional projects under development.