By : Franyi Sarmiento, Ph.D., Inspenet, July 25, 2022
According to the president of the Argentine Chamber of Mining Entrepreneurs, Franco Mignacco, the mining industry is experiencing sustained growth and promises a great future.
While Chilean mining registers exports of between 80,000 and 90,000 million dollars a year, in Argentina the sector’s sales abroad stand at USD 3,300 million.
According to the calculations of Franco Mignacco, for this year that figure will be around USD 3,800 or USD 4,000 million. “The industry is experiencing sustained growth. But there is still a long way to go,” admits the president of the Argentine Chamber of Mining Entrepreneurs (CAEM), who also chairs Minera Exar.
From his perspective, Argentina has two major drivers to consolidate the expansion of the activity: copper and lithium.
“In the first category, Josemaría stands out, as it is the most advanced initiative, but we must not ignore the importance of Pachón, Los Azules, Taca Taca and Mara, which will have a positive impact on our coffers. As for lithium, whose momentum is part of the energy transition and the path to electromobility, there are already ventures launched, under construction and expanding in the provinces of Jujuy, Salta and Catamarca. Likewise, investments of more than USD 5,000 million are expected”, indicated Mignacco.
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