Roundup: Gas transporter rates, YPF lithium unit sale report
Transport rates
The Argentine government increased the payment rate for gas transport services by 1% after companies secured a triple-digit hike earlier in the year.
The country’s two piped gas transporters – TGS and TGN – published regulatory filings on the change.
Transport charges typically represent around 12% of a residential user’s gas bill.
Regulator Enargas also amended rates paid to gas distributors. Gas rates were hiked earlier in the year as part of a move to reduce energy subsidies.
TGS has midstream projects planned.
YPF lithium unit
Argentina’s state-controlled hydrocarbons company YPF is considering offloading its lithium subsidiary, YPF Litio, Bloomberg reported.
YPF is laser-focused on boosting shale oil output and exports from the Vaca Muerta formation.
The company, in parallel, is offloading conventional hydrocarbons assets and other non-core businesses.
YPF Litio has been exploring 20,000ha in Catamarca province as part of its first lithium project and based on an association with provincial company Camyen.
Argentina has four lithium operations in production, five under construction and more than 20 in advanced development stages. Together, they are expected to boost output from 46,000t lithium carbonate equivalent in 2023 to 230,000t in 2027 and 415,000t in 2030.
Lithium deposits in Argentina are mostly in the northwestern provinces of Salta, Jujuy and Catamarca, with rising exploration budgets focused on the area.
Exploration investments grew from US$31mn in 2020 to US$140mn in 2023, according to data provided by the economy ministry, which also predicts that lithium exports will reach US$8.73bn in 2030 compared to US$846mn last year.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Mining & Metals (Argentina)
Canadian firm Ontario interested in exploring for copper in Argentina
The Mendoza government is promoting an extensive exploration program in the Malargüe western mining district.
Fortuna on track to meet 2024 gold production guidance at Argentine mine
In the third quarter, the Canadian company increased gold production at the Lindero mine and made progress on a leach pad expansion.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals (Argentina)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Lunahuasi (ex Potro Cliffs)
- Current stage:
- Updated:
4 months ago
- Project: Mara Project (former Agua Rica)
- Current stage:
- Updated:
5 months ago
- Project: Potasio Río Colorado
- Current stage:
- Updated:
5 months ago
- Project: Del Carmen
- Current stage:
- Updated:
5 months ago
- Project: Pocitos 1
- Current stage:
- Updated:
5 months ago
- Project: Candelas (Hombre Muerto Salar)
- Current stage:
- Updated:
5 months ago
- Project: Ivana
- Current stage:
- Updated:
5 months ago
- Project: San Roque
- Current stage:
- Updated:
5 months ago
- Project: Amarillo Grande
- Current stage:
- Updated:
5 months ago
- Project: Sierra de las Minas
- Current stage:
- Updated:
5 months ago
Other companies in: Mining & Metals (Argentina)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Oroplata S.A.  (Oroplata)
- Company: YPF Litio S.A.  (YPF Litio)
- Company: Rincon JV
- Company: Power Minerals Limited - Summit NanoTech Corporation JV
-
Power Minerals Limited - Summit NanoTech Corporation JV is a company formed by Power Minerals Limited and Summit Nanotech Corporation for the execution of the Salar Incahuasi pr...
- Company: Austral Gold Argentina S.A.  (Austral Gold Argentina)
-
Austral Gold Argentina S.A. is a branch of the Australian mining company Austral Gold Limited, established in 2007 and headquartered in Buenos Aires which acquires, explores and...
- Company: Patagonia Gold S.A.  (Patagonia Gold)
-
Patagonia Gold, the Argentine subsidiary of Canada-based Patagonia Gold Corp., is engaged in precious metals exploration in southern Argentina's Patagonia region. In this area, ...