Argentina's Mining Minister Projects $32.7 Billion in Lithium and Copper Exports Over Next Decade
Argentina's mining minister, Luis Lucero, announced that the country expects to significantly increase its exports of lithium and copper over the next ten years, projecting a total of $32.7 billion in exports. This projection includes $12.1 billion from lithium and $20.6 billion from copper, a substantial increase from the $6 billion in mining exports recorded last year. The anticipated growth is attributed to President Javier Milei's RIGI investment incentive scheme, which aims to attract large-scale mining investments. The scheme has already drawn interest from major mining companies such as BHP and Rio Tinto. Argentina, part of the 'lithium triangle' with Chile and Bolivia, is the fourth-largest supplier of lithium globally. The country is also developing significant copper projects, with new operations expected to commence around 2030. 
