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Argentina has ideal conditions for mining, which is why the sector has developed into a driving force of an industry in recent years (Photo: iStock)
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Figures at a glance

Mining in Argentina

The second largest country in South America is surrounded by the Andes and the Atlantic Ocean: Argentina. Thanks to the diversity of the minerals available here, the Argentine mining sector has developed into a driving force of an industry. Against the background of Arminera, the world’s most important trade fair for the mining industry, which will take place in Buenos Aires from 7-9 May, we have summarised the most important figures for you.

Argentina has ideal conditions for mining, which is why the sector has developed into a driving force of an industry in recent years (Photo: iStock)
Argentina has ideal conditions for mining, which is why the sector has developed into a driving force of an industry in recent years (Photo: iStock)

Mining in Argentina has been one of the fastest growing sectors in the country in recent years. Between 2005 and 2015, production increased by more than half, while the export value rose by more than 270 per cent almost simultaneously. This is also due to the current government’s strong focus on opening up new export markets and simplifying bureaucratic trade processes. There are currently eight provinces that connect Argentina with the rest of the world, and investments are also being made here: numerous other domestic and international routes are to be realised in the next few years.

Compared to its neighbouring countries, particularly Brazil and Chile, Argentina still has some catching up to do. 65 per cent of the area has not yet been developed for mining. It often offers better conditions for this than its neighbouring countries, such as a drier climate. Another important factor is the political will of the government to produce lithium. Argentina has the world’s third-largest lithium reserves after Chile and China. With the rising production of electric vehicles, Argentina is also becoming a stronger focus for European investors.

Arminera

Arminera is the only international meeting place for the mining industry and is held every two years in Buenos Aires. This year it will take place from 7-9 May 2019 – admission is free. In addition to technology, equipment and services, the focus is on reaching new markets.

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