According to reports, four new lithium mining projects in Argentina will be put into operation in the coming weeks to months, which will significantly increase Argentina's annual lithium production capacity by 79%, reaching 202000 metric tons equivalent. Multiple Chinese companies are involved in the development of the aforementioned new lithium mine project. It is reported that these four projects are Centenario Ratones, jointly participated by China Qingshan Holdings and French miner Eramet SA, Tres Quebradas from Zijin Mining, Mariana from Ganfeng Lithium, and Sal de Oro from Pohang Iron Holdings in South Korea. "This is the planned expansion of production, and the relevant supply has basically been calculated, so there will be no additional supply."