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2h ago

Argentina Touts Mining Reboot at Riyadh Forum With Record Exports and New Lithium, Copper Goals

Officials are turning to an extended incentive regime to unlock projects despite persistent infrastructure shortfalls.

Luis Lucero proyectó para 2035 una producción de litio de 650.000 toneladas de LCE (Carbonato de Litio Equivalente) y hasta 1,5 millones de toneladas de cobre por año.
Minerales críticos y transición energética fueron los ejes de la 5° Mesa Redonda Ministerial en Riad, Arabia Saudita, con representantes de de 100 países y casi 60 entidades. En 2022 eran solo 32 miembros. 
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José Luis Manzano, fundador y chairman de Integra Capital, disertó en el Future Minerals Forum 2026, organizado por el gobierno de Arabia Saudita

Overview

  • Argentina reported more than US$6 billion in 2025 mining exports, with metalliferous minerals at US$4.948 billion (82%) and lithium at US$905 million (15%).
  • Mining secretary Luis Lucero projected output of 650,000 tonnes of lithium carbonate equivalent annually by 2035 and 1.3–1.5 million tonnes of copper per year within five to eight years.
  • Lucero defended the RIGI large‑investment regime as essential for capital‑intensive projects, and it is reported the government plans to extend it to July 2027 with at least three new mining applications imminent.
  • At the Future Minerals Forum, Saudi officials announced a Permanent Ministerial Steering Group and advanced a Framework of Future Minerals aimed at expanding World Bank infrastructure financing, including for Latin America.
  • Lucero acknowledged roads, power and logistics remain the principal bottlenecks after years of underinvestment, underscoring execution risks for the proposed project pipeline.