Argentina’s mining exports reach record level in 11 years

The exports mining of Argentina totaled 2,321 million dollars in the first seven months of the year, 4.3% more than in the same period of the previous year and reached the highest level since 2012, the Ministry of Mining reported on Wednesday.

The exports lithium power Argentinawhich forms the so-called triangle of the lithium along with Bolivia and Chile, in the first seven months of the year they grew by 41% compared to 2022 to 491 million dollars, the secretariat reported in a statement.

The foreign sales of metallurgical in that period they totaled 1,748 million dollars, 3% less than in the first seven months of 2022. gold exports totaled 1,283 million dollars, those of silver resulted in 430 million dollars and the rest of metalliferous minerals totaled 35 million.

“These numbers are the result of a government that promotes the development of mining activity in the country,” said Fernanda Ávila, the country’s Mining Secretary.

“We must continue working to create the necessary conditions so that the mining industry can be a key vector of development for the country,” he added.

The exports Mining companies in July totaled 377 million dollars, 24% more than in July of the previous year. Of this total, 290 million corresponded to metal products: gold with 234 million dollars, silver with 52 million dollars and the rest for 4 million.

As for lithium, Argentina exported 74 million dollars in July, 21.9% less than in the same month of 2022.