The mining industry in Argentina has experienced constant growth throughout various governments, consolidating itself as a key sector for the national economy. Many Argentine provinces consider mining as the main driver of their economic development, boosting investments and generating local employment.
Incentive RegimeforLargeInvestments (RIGI)
To encourage significant investments in strategic sectors, Argentina implemented the Incentive Regime for Large Investments (RIGI). This regime offers fiscal, customs, and exchange benefits for a period of 30 years to projects exceeding USD 200 million, including those in the mining sector. The RIGI aims to promote economic development, strengthen competitiveness, and increase national exports.
CommitmenttoSustainableMining and EnvironmentalProtection
Argentina promotes sustainable mining that harmonizes resource exploitation with environmental preservation. At the national level, the foundations for environmental protection in mining activities were established, introducing specific regulations that operators must comply with to ensure the conservation of the natural and cultural heritage affected by mining.
In addition to national legislation, several provinces have implemented specific regulations to reinforce environmental protection in their jurisdictions, regulating the use of chemicals in mining, with the aim of ensuring sustainability and protecting water resources.
EconomicImportance and MiningPotential in VariousProvinces
International mining conglomerates have increased their participation in our country, and these investments reflect the confidence of international investors in the potential of the Argentine mining sector and their commitment to the sustainable development of the industry.
Argentina is a country rich in mineral resources distributed throughout its territory. For example, Catamarca and Salta stand out for their lithium potential, positioning themselves as key players in the production of this essential mineral for modern technologies. La Rioja and San Juan excel in gold and copper production, attracting significant investments in these sectors. In the south of the country, Santa Cruz is recognized for its gold and silver deposits, while Río Negro and Chubut present opportunities in uranium and other mineral exploitation. Neuquén shows potential in copper and gold extraction. Additionally, provinces like Jujuy and Tucumán emerge as promising areas for mining activity, with resources that could drive regional economic development.
Mining plays a fundamental role in the economy of several Argentine provinces. According to official data, in January 2024, five provinces—Santa Cruz, San Juan, Catamarca, Jujuy, and Salta—accounted for 97.9% of the country’s mining exports. In provinces like Catamarca and San Juan, mining constitutes the main economic activity, driving local and regional development.
TechnologicalInnovations in Argentine Mining
The Argentine mining industry incorporates advanced technologies such as leaching, bioleaching, and modern filtration equipment, optimizing processes, reducing costs, and minimizing environmental impact.
In this context, it is relevant to highlight the role of NexoMercados in strengthening the Argentine mining sector. Through the establishment of strategic alliances, we facilitate the link between investors, producers, and exporters, promoting interaction among the various global actors related to mining activity. This work significantly contributes to sustainable development and the positioning of Argentina in the international mining market