However, the fact of the matter is that the risks inherent in the country’s current economic struggles still remain. Whether it can push past these obstacles and sprout economic growth through its lithium projects that can be felt all the way to the LIT ETF remains to be seen.
“Key risks relate to economic volatility, inflation and currency, as well as political instability,” said Reg Spencer, an analyst at Canaccord Genuity Australia. “The long-term demand outlook for lithium, Argentina’s excellent resource potential, and open permitting and approvals process, does offset some of this risk.”
Related: Supply Shortage Could Impact Lithium ETF
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