Argentina’s Lithium Industry: Reforms and Radical Rhetoric

President Javier Milei’s ultraliberal policies, including the radical deregulation plan signed into decree DNU 70/2023, aim to revitalize Argentina’s economy by reducing state involvement and promoting private sector growth. Argentina’s lithium industry, critical for the global energy sector, stands to be significantly impacted. The country, poised to outpace Chile as a top lithium producer by 2027, faces major changes under Milei’s governance which emphasizes alignments towards U.S. interests and potentially increases foreign investors’ power, raising concerns among local and Indigenous communities about sustainable development.