Opinion
How Argentina’s Javier Milei looks set to undercut Australian lithium
The president-elect’s country holds 21 per cent of the world’s proven reserves. It is today producing just 6 per cent of supply. This is about to change.
Ambrose Evans-PritchardArgentina has hit absolute rock bottom. As a matter of political and economic timing, the circumstances could hardly be better for the country’s Hayekian disruptor, Javier Milei.
Gas from shale fracking will soon be flowing abundantly through a new pipeline from Vaca Muerta, a region of northern Patagonia containing the world’s second largest reserves of shale gas and enough oil to produce a million barrels a day by 2030 at a break-even cost of $US35-40 ($52-60).
The Telegraph London
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In South America
Fetching latest articles