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Argentina's Mendoza Province Joins Copper Efforts

Argentina is upping its efforts to become a copper powerhouse, with its Mendoza province recently joining the Salta, Catamarca and San Juan provinces in developing the nation's copper-mining potential

Released Friday, May 24, 2024

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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Argentina is upping its efforts to become a copper powerhouse, with its Mendoza province recently joining the Salta, Catamarca and San Juan provinces in developing the nation's copper-mining potential. Earlier this year, the governors of these provinces and representatives from Argentina's Ministerio de Energía y Minería met with their European counterparts to seek investments in copper, lithium and other commodities.

Argentine President Javier Milei also is working to attract international investment in the nation's mining industry, which already is the world's third-largest producer of lithium. Recently, Milei has been holding meetings with figures like Elon Musk.

While the South American nation currently does not produce any copper, the Josemaria copper project, located in the San Juan province and owned by Lundin Mining Corporation (Toronto, Ontario), is under construction. With its estimated average ore processing rate of 152,000 tons per day, Josemaria is set to reactivate Argentina's copper production and industry.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can learn more from a detailed project report and plant profile.

Industrial Info is tracking more than 30 copper-mining projects across Argentina, with a total investment value of more than US$13 billion. Argentina also boasts identifiable copper resources of 75.42 million metric tons; with the development of these projects, it could see an output of 1 million metric tons per year.

Subscribers can click here for a full list of detailed reports for active and planned copper-mining projects across Argentina, and click here for a full list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).

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