Argentina betting on lithium and copper projects to overcome recession
Argentina betting on lithium and copper projects to overcome recession

With electric battery lithium leading, Argentina mining exports are expected to double to some US$ 10 billion in three years time, according to minister Luis Lucero who anticipated that copper is the other metal that will also have a huge boost given its importance in powering electric vehicles and artificial intelligence.Lucero said Argentina was making an aggressive push, with several projects that should start sometime later this year, to become a global supplier of lithium and copper. Behind some of those projects are giant companies such as BHP, Glencore, Lundin Mining, First Quantum, committed to boost exports in coming years. Mining exports from Argentina currently stand at some US$ 4 billion.

August 29, 2024 

SOURCE: MERCOPRESS

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Argentina betting on lithium and copper projects to overcome recession

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