100% Argentina is actively supporting the new POSCO effort, and there are already other brine operations nearby that have been operating for years with no problems, and the direct extraction technologies being considered replace the water back into the aquifer so no environmental destruction. Also the SDV location is seriously remote and high altitude. This is not the Chile problem where the water table affects the farms. Argentina wants the income and needs the employment offered.
There is no doubt in my mid that this will be going ahead, and the tiny ponds confirm for me which way they will be doing it.
GXY Price at posting:
$1.27 Sentiment: Buy Disclosure: Held