Argentina's Mining Exports Projected to Surge by 49% in 2026 Amid New Investment Regime
Argentina's mining exports are expected to increase by 49% in 2026, reaching a total of $9 billion, according to Roberto Cacciola, president of the Argentine Chamber of Mining Companies. This projection follows the implementation of the Incentive Regime for Large Investments (RIGI) under President Javier Milei, which has successfully attracted significant investments from major mining companies such as BHP and Rio Tinto. The country has seen a substantial rise in its global ranking as a mining exploration destination, moving from 12th to 7th place. The RIGI initiative has already approved seven projects worth $7.9 billion out of 13 submitted, totaling $42 billion. However, recent government-backed reforms to promote mining in glacier regions have raised concerns among environmentalists and scientists about potential threats to water resources.