Peru could become a producer of lithium and electric vehicles, due to its huge lithium reserves in Puno and the growing demand for this mineral for the manufacture of batteries used for vehicles.
According to PwC Peru, the lithium reserves found in recent years in the Puno region exceed 4 million tons, which means great opportunities for Peru to become a producer of this metal.
“The demand for lithium will increase because it is used for electric car batteries, for example. Then, with a medium-term vision, Peru could become a lithium producer”, Pablo Saravia, a leading Mining Partner at PwC Peru, told Gestión.
Earlier this year, a lithium deposit that exceeds 2.34 million tons, was discovered in the Peruvian region of Puno.
Cover Photo Pxhere.