Paraguay exports lithium battery packs

Is lithium mining tax-free in Paraguay?

Profits repatriation from lithium mining is tax-free, and a 10% tax credit is available for exports. Additionally, Paraguay's extensive waterways, notably the Paraguay and Paraná rivers, facilitate crucial access to major ports, enhancing global connectivity.

Is Paraguay a good place to mine lithium?

The Chaco Basin demonstrates many of the same characteristics as South America’s premier lithium brine producing regions, though it is historically under-explored for critical metals. Paraguay offers advantageous geopolitical, financial, tax, and security conditions for mining compared to its neighbors, Chile, Argentina, and Bolivia.

What is Chaco minerals doing in Paraguay?

The Company is actively exploring a ~2.0M ha provincial-scale land package of the most highly-prospective areas for lithium brines in Paraguay’s Chaco Basin.Chaco Minerals is pursing sustainable exploration and business practices in line with leading industry ESG standards.

What is the lithium market report?

The report provides a strategic analysis of the Lithium market in Paraguay and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market. You will receive the report within five working days after order confirmation.

Why is Paraguay important?

Additionally, Paraguay's extensive waterways, notably the Paraguay and Paraná rivers, facilitate crucial access to major ports, enhancing global connectivity. These rivers serve as vital trade and transportation routes, linking Paraguay to the Atlantic Ocean and global markets.

Is Paraguay a good country for mining?

Paraguay offers advantageous geopolitical, financial, tax, and security conditions for mining compared to its neighbors, Chile, Argentina, and Bolivia. The country's tax laws exempt exploration sales tax and grant a 5-year corporate tax holiday, followed by a 10% rate thereafter.