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China is Using its Cobalt Playbook to Corner Lithium Supplies

Chinese mining companies are moving quickly to snap up some of the world's largest lithium mines, mostly located in South America's so-called "Lithium Triangle" that stretches across Argentina, Bolivia, and Chile. Since 2018, Chinese companies have invested an estimated $16 billion ...

Chinese Lithium Giant Expands into Argentina

The Chinese battery metals company Ganfeng Lithium Co. will spend $962 million to buy 100% of the Argentinian lithium compounds producer Lithea. The company owns lithium salt lakes with a capacity of 30,000 tons of lithium carbonate per year.  Ganfeng Lithium ...

Inflation, Supply Chain Woes Hit Chinese Supermarkets in Argentina

Supply chain disruptions and inflation are driving Chinese shopkeepers out of Argentina’s major cities to the countryside and even to neighboring countries. An Asian business association said rising rents and staff costs mean owners are increasingly considering moving to Bolivia, Chile, Ecuador, or Paraguay. ...

Argentina Could Be Joining BRICS

🇦🇷 Argentina could become a member of the BRICS group. Argentinian officials are joining a flurry of upcoming events with counterparts from Brazil, Russia, India, China, and South Africa, the bloc's five permanent members. Brazil and China reportedly support Buenos Aires joining the group. 

Argentina Joins Belt & Road as Part of a Full Embrace of China (and Russia)

Argentinian President Alberto Fernández met for 40 minutes with his Chinese counterpart Xi Jinping in Beijing on Sunday, in what appears to be a major foreign policy shift for Latin America's fourth-largest economy. First, and most importantly, Argentina signed on to become the 

Analysis from Cobus van Staden

Ghana Commissions First Roads Built Under Controversial Bauxite Deal

Ghana’s Vice President Mahamudu Bawumia this week commissioned the first road infrastructure built under a controversial $2 billion resource-for-infrastructure deal with the Chinese conglomerate Sinohydro. 

Bawumia was eager to claim the inauguration of 441 km of roads in the Cape Coast region as a win for his government, which has faced major economic headwinds over the last few months. It also papered over the fact that the project faced criticism for delayed implementation following the signing ...