Argentina plans to double its mining exports from $4 billion to $10 billion as soon as 2027 on the back of new lithium projects set to come online soon
, combined with a renewed effort to expand copper output and exports, Reuters reported on Wednesday, citing the Argentine Ministry of Mining. Newly installed Mining Secretary Luis Lucero told Reuters on Wednesday that Argentina is preparing to become a key lithium and copper supplier for the world, with electric vehicle demand poised to put the country at the top of the mining beneficiaries list.
Lucero told Reuters that Argentina is gunning for an annual output of 200,000 tons of lithium carbonate equivalent either by late 2025 or early 2026, ramping up to 250,000 tons annually beyond that and turning lithium into its biggest mineral export. Questions have remained about global lithium demand, particularly amid a ramp-up of production in China that has created large stockpiles.
Copper Lithium Transition Minerals Battery Metals Electric Vehicles Mining Investment Javier Milei Energy Transition
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