Central Puerto advances in its diversification strategy and positions itself as a relevant player in the lithium mining industry

Central Puerto, a leader in electricity generation in Argentina, continues consolidating its investment strategy in the forestry and mining sectors and announces today a strategic investment in the lithium mining project “3 Cruces”, located in the province of Catamarca.

This initiative reaffirms the company’s commitment to supporting the development of the Argentine mining industry, especially in projects linked to the production of critical elements for the energy transition, which also represents a significant boost to the economic and social development of the province of Catamarca.

With this investment, Central Puerto acquires a 27.5% stake in the “3 Cruces” project, recognizing its great potential as a future lithium-producing mine in the basin with the highest grade discovered in Argentina. This decision aligns with the company’s vision to focus on export industries that show high comparative advantages and to consolidate itself as a key player in the value chain of electric mobility and renewable energy.

Fernando Bonnet, CEO of Central Puerto, stated: “This investment not only represents an important milestone in Central Puerto’s growth strategy, but also a unique opportunity to drive the development of the southern region of the Province of Catamarca. The ‘3 Cruces’ project will generate quality jobs for the local population, fostering economic and social growth.”

In addition, as part of this project, we are committed to bringing all our capacity to collaborate in carrying out this project responsibly, respecting the environment, and working closely with local communities.

Lithium is a strategic mineral for the future of energy and mobility, and we are convinced that ‘3 Cruces’ has the potential to become a flagship project for the region. With this initiative, Central Puerto reaffirms its goal of becoming an essential player, as an Argentine company, in the development of mining in the country and a key protagonist in the challenges posed by the energy transition.

We continue generating #EnergyWIthFuture

– Buenos Aires, December 26, 2024.