YPF and CATL meet to sign a Strategic Partnership

Photo: Lithium batterie. By: Tyler Lastovich. Source: Pexels

Contemporary Amperex Technology Co. Limited (CATL) is a Chinese company that manufactures lithium batteries that are generally used in the automotive industry for electric vehicles. Yacimientos Petrolíferos Fiscales (YPF) is a mixed Argentine company engaged in the exploration and exploitation of hydrocarbons, as well as in new forms of energy production, such as lithium batteries.  

CATL President, Chen Junwei, recently met with the Secretary of Mining of Argentina, Alberto Hensel, and the President of YPF, Pablo Gonzalez, in order to reach an agreement for the development of joint projects in Argentina. The agreement is a Strategic Association for the exploration and exploitation of abundant lithium in the South American country, as well as the production of lithium batteries within the Argentine territory, under the auspices of the Chinese company.

Main stories:

Gobierno de Argentina (2021). YPF se reunió con el mayor fabricante de baterías de litio.

Sitio Andino (2021). El Presidente de YPF se reunió con el mayor fabricante de baterías de litio.