Jujuy Energía y Minería

What Jujuy Energía y Minería does

Jujuy Energía y Minería Sociedad del Estado (JEMSE) is a state-owned enterprise of the Province of Jujuy, Argentina, founded in 2011 to drive economic, social, and environmental development through public-private partnerships in renewable energy, mining, hydrocarbons, and logistics infrastructure. Its core assets include the 315 MW Cauchari Solar Park (three 105 MW photovoltaic installations at 3,900+ meters altitude supplying the National Interconnected System and adjacent mining operations), minority equity participations of 8.5% in two anchor lithium operations — Sales de Jujuy S.A. (Olaroz salar, 25,000 t/year expanding to 42,000 t/year) and Minera EXAR S.A. (Cauchari salar, expanding to 85,000 t/year under RIGI) — and the 50-hectare Zona Franca Perico free trade zone along the Capricorn Bioceanic Corridor. JEMSE also wholly owns Jujuy Hidrocarburos S.A.U. (12 exploratory blocks covering approximately 39,574 km² in the Cretaceous basin) and co-controls Puna Green Energy S.A., a 2025 lithium exploration joint venture with China's Tsingshan Holding Group.

Revenue is generated primarily through equity participation returns from its lithium stakes, energy generation sales from Cauchari, logistics and customs fees from Zona Franca Perico, and provincial mining royalties. JEMSE does not publicly disclose pricing or financial results. Operationally, the company anchors an ecosystem of research (CIDMEJU — Centro de Investigación y Desarrollo en Materiales Avanzados y Almacenamiento de Energía de Jujuy), geological prospecting across 104,000+ hectares in eight clusters with SEGEMAR, and workforce development through programs such as "Potencial Jujeño" with the Universidad Nacional de Jujuy. Its go-to-market is institutional and diplomatic: bilateral engagements with embassies of the UK, India, Brazil, and Sweden, participation in conferences such as India's Battery and Critical Minerals 2026, and large international JV partners including Tsingshan, CNGR (a Tesla/Apple supplier), Ganfeng Lithium, Lithium Americas, and Rio Tinto (via Arcadium Lithium).

Underlying technology includes Direct Lithium Extraction (DLE) optimized for low water and energy intensity, a 48 MW distributed solar generation portfolio across the province, and geochemical/geophysical/satellite mapping managed through QGIS and Google Earth platforms. The organization is small in headcount (11–50 direct employees) but catalytic in scale, supporting over 1,200 direct and 1,000 indirect jobs in mining sector projects and a 70%+ local workforce participation rate in current operations.

Name

Jujuy Energía y Minería

Legal name

Jujuy Energía y Minería Sociedad del Estado

Website

https://jemse.gob.ar

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

JEMSE is a state-owned enterprise of Argentina's Jujuy Province, founded 2011, managing the 315 MW Cauchari Solar Park, 8.5% equity stakes in the Sales de Jujuy and EXAR lithium operations, the Zona Franca Perico free trade zone, and joint ventures with Tsingshan and CNGR to attract international mining investment through public-private partnerships.

Ownership category

akta.pro rank

Product category

State-owned Mining and Energy Enterprise

NAICS

Metal Ore Mining (2122), Support Activities for Metal Mining (213114), General Warehousing and Storage (493110)

SIC

Metal Mining (1000), Mineral Royalty Traders (6795), Public Warehousing & Storage (4220)

akta.pro industry

PRIMARYIMAKAFAL

Exploration & Resource Development (Critical Minerals)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYIMAKAFAM

Mine Development & Processing EPC (Critical Minerals)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYIMAKAFAJ

Critical Minerals Trading, Offtake & Marketing

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYIMAKAFAN

ESG, Traceability & Certification Services (Responsible Sourcing)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYTLALAGAH

Bonded Hazmat & Controlled Goods Storage

Transportation & Logistics/Warehousing & Storage (Cold Chain, Fulfillment, Depots)/Bonded Warehousing & Customs Storage (FTZ)

Keywords

• Lithium mining operations
• Solar energy generation
• Renewable energy infrastructure
• Mining equity participation
• Free trade zone logistics

Headquarters

HQ city

San Salvador De Jujuy

HQ country

Argentina

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Equity Participation in Mining Projects: JEMSE holds equity stakes in mining operations (8.5% in Sales de Jujuy, 8.5% in EXAR) and receives dividends and returns from these investments.
2. Mining Royalties: Provincial government receives royalties from lithium and mineral production in Jujuy province.
3. Free Trade Zone Administration: Zone Franca Perico generates revenue through logistics services, storage, customs operations, and fees from companies using the facility.
4. Energy Generation and Sales: Solar energy production from Cauchari solar park supplies power to mining operations and the national grid.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

JEMSE (Jujuy Energía y Minería Sociedad del Estado) is a state-owned enterprise of the Province of Jujuy, Argentina that promotes economic, social, and environmental development through public-private partnerships. Its core offerings include the Parque Solar Cauchari (315 MW photovoltaic complex), minority equity participation in lithium mining operations (8.5% in Sales de Jujuy and 8.5% in EXAR), the Zona Franca Perico free trade zone (50 hectares), a lithium exploration joint venture (Puna Green Energy S.A. with Tsingshan), and the CIDMEJU advanced materials and energy storage research center.

Product overview

JEMSE (Jujuy Energía y Minería Sociedad del Estado) operates as a state-owned enterprise managing a diversified portfolio of energy, mining, and logistics infrastructure. The company's core offerings include the Parque Solar Cauchari (315 MW photovoltaic complex), mining equity participations in Sales de Jujuy S.A. (8.5%) and EXAR S.A. (8.5%), Zona Franca Perico (50-hectare logistics hub), Puna Green Energy S.A. (lithium exploration joint venture with Tsingshan), and CIDMEJU research center. JEMSE also manages hydrocarbon operations through Jujuy Hidrocarburos S.A.U., distributed solar generation (48 MW), and mining prospecting projects across 104,000+ hectares. The portfolio is organized around three strategic pillars: renewable energy generation, mining development and industrialization, and trade logistics infrastructure, all coordinated through public-private partnership models.

Differentiator

Problem solved

Functional benefit

Products and services

• Parque Solar Cauchari 315 MW photovoltaic solar complex consisting of three 105 MW parks (Cauchari I, II, III) at over 3,900 meters altitude supplying clean energy to mining operations and the national grid.
• Zona Franca Perico (ZFP) 50-hectare free trade zone in Perico offering storage, stowage, and dry port services to companies in the NOA region, part of the Capricorn Bioceanic Corridor connecting Atlantic and Pacific oceans.
• Sales de Jujuy S.A. (equity participation) Lithium carbonate production operation at Olaroz Salar in which JEMSE holds 8.5% equity participation. Current installed capacity of 25,000 tn/year with expansion plans to reach 42,000 tn/year.
• EXAR S.A. (equity participation) Lithium carbonate production project at Cauchari Salar in which JEMSE holds 8.5% equity participation. Pilot plant producing 40,000 tpa of battery-grade lithium carbonate with USD 565 million investment and expansion under RIGI to 85,000 tpa.
• Puna Green Energy S.A. (joint venture) Joint venture company between JEMSE and Tsingshan Holding Group for exploration and development of lithium deposits in the province, injecting capital and cutting-edge technology into the sector.
• Jujuy Hidrocarburos S.A.U. Wholly-owned subsidiary managing hydrocarbon exploration, exploitation, development, and industrialization across 12 exploratory blocks totaling approximately 39,574 km2 in the Cretaceous basin of Jujuy.
• Mining Prospecting and Evaluation Project Strategic prospecting project coordinated with SEGEMAR covering over 104,000 hectares across 8 geological clusters (gold, sulfides, polymetallic, copper, lithium, geothermal, rare earths), generating geochemical, geophysical, and satellite maps with georeferenced databases.
• Zona Franca La Quiaca (TELINFOR) Planned free trade zone for Puna Jujeña production and tourism, offering retail and wholesale sales with personal franchise allowances for visitors.
• Distributed Solar Generation 48 MW of distributed solar energy deployed across various locations in the province, bringing sustainable energy solutions to support the renewable energy matrix.

Quantifiable outcome

• Lithium production capacity expansion from 25,000 to 85,000 tonnes/year
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

24 partnerships are on record, tiered core, minor and flagship.

• Rio Tinto (Arcadium Lithium)coreStrategic or Co-development Partner · 1 January 2026Coordination of lithium production expansion following Arcadium acquisition. Joint planning for 2026 operations, investment projections, and technology development in Olaroz region.
• KABIL (Khanij Bidesh India Limited)coreStrategic or Co-development Partner · 1 January 2026Presentation of JEMSE mineral properties and exploration areas with focus on lithium clusters for foreign investment. Technical meetings with Indian state mining company for bilateral cooperation.
• Faraday Institution (UK)coreStrategic or Co-development Partner · 1 January 2026Strategic alliance for battery and energy storage research. Argentine delegation including JEMSE President initiated collaboration on DLE technology, advanced materials development, and human capital formation for lithium value chain.
• United Kingdom (Ambassador David Cairns)coreGTM or Marketing Partner · 1 January 2026Bilateral discussions on sustainable development, international trade, and investment opportunities. British interest in lithium value chain with focus on CIDMEJU research center and applied research financing.
• India (Ambassador Ajaneesh Kumar)coreGTM or Marketing Partner · 1 January 2026Bilateral meeting to explore investment opportunities and technological cooperation in mining and energy sectors. India positioned as key actor in global critical mineral demand for energy transition.
• Brazil (Ambassador)minorGTM or Marketing Partner · 1 January 2026Presentation of logistics potential, Zone Franca Perico capabilities, CIDMEJU research center, and Cauchari solar park to Brazilian delegation for Mercosur trade integration.
• Sweden (Ambassador Torsten Sven Ericsson)minorGTM or Marketing Partner · 1 January 2026Dialogue with Swedish companies (Volvo, Scania, Ericsson, Atlas Copco) on human capital development and technical training for local suppliers in electromobility and sustainable mining.
• American MineralsminorStrategic or Co-development Partner · 1 January 2026Technical collaboration agreement for geological knowledge deepening and evaluation of new mineral resources essential for future technologies.
• Puna Green Energy S.A.flagshipStrategic or Co-development Partner · 1 January 2025Joint venture with Tsingshan Holding Group for lithium exploration and development. Established as primary vehicle for upstream lithium value chain participation, combining Tsingshan's global expertise with JEMSE's local knowledge and land holdings.
• CNGR Advanced Material Co.flagshipStrategic or Co-development Partner · 1 January 2025Partnership for Salar de Jama lithium processing with 22,000 tonnes/year capacity. CNGR is strategic partner to Tesla and Apple. Project includes joint technology laboratory with CONICET for optimization of lithium value chain and training of local engineers.
• Provincia de Guizhou, ChinacoreStrategic or Co-development Partner · 1 January 2025Strategic agreement signed between Jujuy province and Guizhou province for cooperation in lithium chain development, attracting CNGR investment and technology transfer to the region.
• NMDC Ltd. (India)minorStrategic or Co-development Partner · 1 January 2025Exploration of association schemes for value-added mineral processing projects in steel and energy transition sectors.
• SAIL (India)minorStrategic or Co-development Partner · 1 January 2025Exploration of partnerships for critical mineral development and processing for Indian steel industry.
• Consortium KoreaflagshipStrategic or Co-development Partner · 1 January 2025Feasibility studies for El Cadillal photovoltaic park and geothermal energy projects in Susques. Korean consortium bringing investment and technology for clean energy infrastructure.
• ZOFRI S.A. (Tarapacá, Chile)coreChannel Partner/ Reseller/ Distributor · 1 January 2025Strategic alliance between Zone Franca Perico and ZOFRI for regional integration and Bioceanic Corridor development, connecting Atlantic and Pacific trade routes.
• Fundar (Research Center)coreImplementation/ SI/ Consulting Partner · 1 January 2025Technical collaboration on EITI implementation, governance standards, and transparency frameworks for extractive industries reporting.
• SEGEMAR (Servicio Geológico Minero Argentino)coreStrategic or Co-development Partner · 1 January 2025Joint prospecting and evaluation project covering 104,000 hectares across 8 exploration clusters. Technical cooperation for geological data generation and investor promotion.
• UNJu (Universidad Nacional de Jujuy)coreStrategic or Co-development Partner · 1 January 2025Professional practice programs for engineering and geology students, thesis projects, and specialized training. 'Potencial Jujeño' program for young employment and local mining development.
• REMSa (Salta)coreStrategic or Co-development Partner · 1 January 2025Regional mining state companies alliance for lithium development, coordinated action in Lithium Triangle with shared governance standards.
• CAMYEN (Catamarca)coreStrategic or Co-development Partner · 1 January 2025Regional mining state companies alliance for coordinated lithium region development, shared technical resources and international promotion.
• GotionminorStrategic or Co-development Partner · 1 January 2025Institutional coordination meeting for 2026 operational activity planning, mining development initiatives, and energy infrastructure projects.
• Mesa de Empresas y Sociedades Mineras ProvincialescoreStrategic or Co-development Partner · 1 January 2024Regional cooperation with CAMYEN (Catamarca), REMSa (Salta), EMSE (La Rioja), Impulsa Mendoza for unified voice and coordinated development under international standards.
• EXAR S.A. (Minera EXAR)coreStrategic or Co-development Partner · 1 January 2017Partnership with GFL International Co. Ltd (Ganfeng Lithium) and Lithium Americas for lithium production from Cauchari salar. JEMSE holds 8.5% equity participation. Project has 1.5 million tonnes LCE reserves, USD 565 million investment, with expansion under RIGI to 85,000 tonnes/year.
• Sales de Jujuy S.A.coreStrategic or Co-development Partner · 1 January 2011Joint venture with Orocobre Limited and Toyota Tsusho TTC for lithium carbonate production from Olaroz salar. JEMSE holds 8.5% equity stake and preferential right to purchase 5% of annual production for local industrialization. Current capacity 25,000 tonnes/year with expansion to 42,000 tonnes/year.

Scale indicators21 records

Recent moves10 records

Expansion highlights7 records

Emerging players

• CNGR Advanced Material: CNGR is a Chinese battery materials company (strategic supplier to Tesla and Apple) developing the Salar de Jama lithium processing plant (22,000 tonnes/year) in partnership with JEMSE. CNGR is a peer in the lithium processing and battery materials value chain that JEMSE supports through its 5% preferential purchase and equity arrangements.
• Ganfeng Lithium: Ganfeng Lithium is a global Chinese lithium producer and a key JEMSE partner through its stake in EXAR (Cauchari project). As one of the world's largest lithium converters, Ganfeng is a direct operating peer for the lithium projects in which JEMSE holds equity, and a co-developer of the Cauchari expansion under RIGI.
• Tsingshan Holding Group: Tsingshan is a major Chinese stainless steel and battery materials conglomerate, partnered with JEMSE in the Puna Green Energy S.A. joint venture for lithium exploration and development. As a global Chinese resource company entering Argentine lithium, Tsingshan is a strategic peer for JEMSE's lithium development activities.

Direct peers

• Lithium Americas: Lithium Americas (now part of the JV structure post-merger with Arcadium) is a partner in EXAR's Cauchari project alongside JEMSE. Both companies target lithium production from Argentine salars and compete for global EV/battery offtake, making Lithium Americas a closely comparable operational peer.
• REMSa (Recursos Energéticos y Mineros de Salta): REMSa is the state-owned mining and energy company of Salta Province, Argentina, and JEMSE's most direct regional peer. Both are provincial SOEs in the Lithium Triangle, hold minority equity in lithium projects, and operate as the public face for international mining partnerships in their respective provinces. REMSa and JEMSE also have a formal coordination alliance for Lithium Triangle development.
• Sales de Jujuy / Allkem: Sales de Jujuy operates the Olaroz lithium project in which JEMSE holds 8.5% equity. Allkem (now part of Arcadium/Rio Tinto) is the parent operator. As the direct operator of one of JEMSE's two flagship equity holdings, Sales de Jujuy/Allkem is among JEMSE's closest operational peers.
• ZOFRI S.A. (Tarapacá Free Trade Zone): ZOFRI is the Chilean free trade zone in Tarapacá/Iquique and a strategic partner of JEMSE's Zone Franca Perico under the Bioceanic Corridor alliance. As a regional free trade zone operator with comparable bonded warehousing and customs services, ZOFRI is a direct operational peer for JEMSE's logistics business line.
• CAMYEN (Catamarca Minera y Energética Sociedad del Estado): CAMYEN is the Catamarca provincial state mining company, directly comparable to JEMSE as a peer SOE in the Lithium Triangle. CAMYEN participates in lithium operations including Fénix (with Livent) and is part of the Mesa de Empresas y Sociedades Mineras Provinciales alliance alongside JEMSE, REMSa, EMSE, and Impulsa Mendoza.

Broad incumbents

• YPF Litio: YPF, the Argentine national oil and energy company, has established YPF Litio to enter the lithium sector, making it a comparable state-affiliated energy/minerals platform to JEMSE. Both are government-tied energy companies expanding into critical minerals and lithium extraction in Argentina.
• Rio Tinto (Arcadium Lithium): Rio Tinto acquired Arcadium Lithium and operates the Olaroz/Cauchari complex where JEMSE is a minority partner. As a global diversified miner with significant lithium exposure, Rio Tinto is both a partner and a broader incumbent peer in the lithium extraction space relevant to JEMSE's portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@jemse.oficial
• Facebookfacebook.com/jemsejujuy
• Instagraminstagram.com/jemse.jujuy
• LinkedInlinkedin.com/company/jemse-jujuy

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jujuy Energía y Minería