Production, refining and reserves
| Commodity | Metric | Value | World rank · share | Source |
|---|---|---|---|---|
| Lithium | Mine production 2025 | 23,000 t Li content | #5 · 8% | USGS MCS 2026 |
| Lithium | Refinery production 2025 | 15,726 t Li content | — | IEA Global Critical Minerals Outlook 2026 (Critical Minerals Dataset, July 2026) |
| Lithium | Reserves 2025 | 4.4 million t Li content | #4 · 12% | USGS MCS 2026 |
| Copper | Mine production 2018 | 17,435 t Cu content | #37 · 0.1% | USGS Minerals Yearbook 2022 (copper), table 20 |
| Boron | Mine production 2025 | 170,000 t crude ore | — | USGS MCS 2026 |
| Boron | Reserves 2014 | 2 million t (basis not stated) | #7 · 1% | USGS MCS 2015 |
| Fluorspar | Mine production 2019 | 14,000 t fluorspar | — | USGS MCS 2020 |
| Zinc | Mine production 2023 | 3,000 t Zn content | #46 · 0% | USGS Minerals Yearbook 2023 (zinc, tables-only release), table 16 |
| Aluminium | Refinery production 2014 | 425,000 t primary aluminium (smelter production) | — | USGS MCS 2015 |
| Molybdenum | Mine production 2019 | 600 t Mo content | — | USGS MCS 2020 |
| Molybdenum | Reserves 2024 | 100,000 t Mo content | #9 · 0.7% | USGS MCS 2025 |
| Thorium | Resources 2014 | 1,300 t Th | — | OECD-NEA/IAEA Red Book 2014 (Uranium 2014), Table 1.17 |
| Uranium | Resources 2023 | 35,300 t U content | #22 · 0.4% | NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.2a, <USD 260/kgU |
| Strontium (celestite) | Mine production 2025 | 700 t celestite (gross weight) | #5 · 0.2% | USGS MCS 2026 |
| Mercury | Mine production 2020 | 50 t Hg content | — | USGS MCS 2021 |
| Silver | Mine production 2025 | 800 t Ag content | #10 · 3% | USGS MCS 2026 |
| Silver | Reserves 2025 | 6,500 t Ag content | #11 · 1% | USGS MCS 2026 |
| Feldspar | Mine production 2015 | 220,000 t feldspar | — | USGS MCS 2016 |
| Gold | Mine production 2021 | 60 t Au content | — | USGS MCS 2022 |
| Gold | Reserves 2021 | 1,600 t Au content | #11 · 3% | USGS MCS 2022 |
| Diatomite | Mine production 2025 | 190,000 t diatomite | #4 · 8% | USGS MCS 2026 |
| Gypsum | Mine production 2018 | 1.5 million t gypsum | — | USGS MCS 2019 |
| Mica (scrap and flake) | Mine production 2016 | 5,000 t scrap and flake mica | — | USGS MCS 2017 |
| Perlite | Mine production 2025 | 30,000 t perlite | #9 · 0.7% | USGS MCS 2026 |
| Sand and gravel (industrial) | Mine production 2025 | 4.5 million t industrial sand and gravel | #16 · 1% | USGS MCS 2026 |
Policies and export measures
Policy tracker →2026-09-23 · agreement
US–Argentina Build the Future Framework (EXIM)
Signed on 23 September 2026 (signature date) by EXIM and the Government of Argentina. It aims to mobilise up to $7 billion of financing through 2027 for priority sectors, including critical-minerals development and processing.
Source: Export-Import Bank of the United States2024-07-08 · incentive
Large Investment Incentive Regime (RIGI), Law 27.742 Title VII
RIGI took effect on publication, 8 July 2024. It gives tax, customs, foreign-exchange and legal-stability incentives to single-project vehicles investing at least USD 200 million in eligible sectors, including mining, with a 25% income-tax rate. Decree 105/2026 extended the application window by one year from 8 July 2026.
Source: Ministerio de Justicia, Argentina (InfoLEG)2023-06-13 · agreement
EU–Argentina memorandum of understanding on sustainable raw materials value chains
The memorandum of understanding was signed on 13 June 2023 (signature date). It sets up a partnership on sustainable raw-materials value chains.
Source: European Commission, DG GROW
Trade in critical minerals
Exports 2024$1.8 bn
- Aluminium$936 mto United States of America 51%, Brazil 25%, Mexico 7% · 18 more
- Lithium*$723 mto China 64%, South Korea 13%, United States of America 11% · 26 more
- Lead$111 mto Belgium 62%, China 23%, Brazil 7% · 3 more
- Boron$56 mto Brazil 86%, United States of America 5%, Egypt 3% · 19 more
- Zinc$12 mto China 76%, South Korea 20%, Peru 2% · 5 more
- Copper$7 mto South Korea 66%, China 28%, Chile 6% · 3 more
- Fluorspar$652 kto Brazil 89%, Chile 7%, Paraguay 4% · 1 more
- Platinum$495 kto United States of America 100%
and 12 more commodities
Imports 2024$878 m
- Alumina$377 mfrom Australia 70%, Brazil 29%, China 0% · 16 more
- Zinc$80 mfrom Brazil 98%, Belgium 1%, Chile 0% · 7 more
- Molybdenum$64 mfrom South Korea 53%, Armenia 13%, Chile 8% · 11 more
- Barite$49 mfrom Morocco 38%, Laos 29%, Bolivia 23% · 8 more
- Manganese*$48 mfrom Brazil 57%, India 28%, Norway 7% · 12 more
- Phosphate rock$38 mfrom Peru 84%, Morocco 15%, Chile 0% · 5 more
- Platinum$32 mfrom Belgium 34%, United Kingdom 25%, South Africa 25% · 3 more
- Potash$31 mfrom Germany 35%, Russia 26%, Israel 17% · 13 more
and 33 more commodities
Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.
Fiscal regime for mining
| Instrument | Applies to | Rate | Legal basis |
|---|---|---|---|
| Royalty | All mineralsFederal ceiling on provincial royalties for provinces adhering to the Mining Investment regime; for projects that had not started construction of the exploitation stage before the 2024 amendment, adhering provinces may levy up to 5% | 3%pithead value (valor boca mina): value at first commercial stage less transport, processing, marketing and administration costs (Art. 22 bis) | Ley 24.196 de Inversiones Mineras (texto actualizado, InfoLEG); Art. 22 sustituido por Ley 27.743 Art. 103 (BO 08/07/2024) · Art. 22, 22 bisin force 2024-07-08 |
| Export duty | All mineralsRIGI VPUs: exports exempt from export duties after 3 years from adhesion (2 years for long-term strategic export projects) | 0%FOB value of exports of goods produced by the promoted project | Ley 27.742, Título VII (RIGI) · Art. 191in force 2024-07-08 |
| Corporate income tax (mining) | All mineralsMarginal scale for capital companies: 25% on the first ARS 5,000,000; 30% from ARS 5,000,000 to 50,000,000 (plus ARS 1,250,000); 35% above ARS 50,000,000 (plus ARS 14,750,000). Thresholds are the 2021 amounts and are indexed to CPI every year from 1 Jan 2022. Permanent establishments add 7% on profit remittances. Provincial mining royalties are separate | 25-35 sliding scaleganancia neta imponible acumulada (accumulated net taxable income) | Ley de Impuesto a las Ganancias, t.o. 2019 (Decreto 824/2019), Art. 73 as amended by Ley 27.630 (B.O. 16/6/2021) · Art. 73(a)-(b)in force 2021-01-01 |
| Corporate income tax (mining) | All mineralsRégimen de Incentivo para Grandes Inversiones (RIGI): flat 25% instead of the Art. 73 scale for VPUs with investment of at least USD 200 million (Art. 173); mining is an eligible sector (Art. 167). Adhesion window 2 years from entry into force, extended by 1 year from 8 Jul 2026 (Decreto 105/2026) | 25%net taxable income of a single-project vehicle (VPU) adhering to the RIGI | Ley 27.742 (Ley de Bases y Puntos de Partida para la Libertad de los Argentinos), Título VII (RIGI), B.O. 8/7/2024 · Art. 183(a)in force 2024-07-08 |
| Stability period | All mineralsRIGI VPUs: tax, customs and foreign-exchange stability for 30 years from the date of adhesion | 30 years | Ley 27.742, Título VII (RIGI) · Art. 178in force 2024-07-08 |
| Stability period | All mineralsFiscal stability for 30 years from submission of the feasibility study for projects registered under Ley 24.196; covers all taxes, fees and contributions borne by registered companies | 30 years | Ley 24.196 de Inversiones Mineras (texto actualizado, InfoLEG); Art. 22 sustituido por Ley 27.743 Art. 103 (BO 08/07/2024) · Art. 8in force 1993-05-24 |
Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.
Deals and financing (13)
2026-08-24 · Equity investment · signed · US$180 m
GFL International (Ganfeng Lithium) → Lithium Argentina AG (LAR) · Cauchari-Olaroz (Exar) and PPG lithium projects
Ganfeng's GFL International agreed to subscribe for a six-year unsecured USD 180 million convertible debenture issued by Lithium Argentina to fund its needs, including repayment of prior debts.
2026-03-11 · Offtake · signed
Mitsui & Co., Ltd. → JOGMEC · Josemaría copper project (Vicuña, San Juan)
JOGMEC transferred, by public tender, its option to take 40% of future copper concentrate from the Josemaría area of the Lundin-BHP Vicuña project in Argentina to Mitsui & Co.
2026-03-11 · Project finance · signed · US$1,175 m
IFC; IDB Invest; Export Finance Australia; JBIC → Rio Tinto (Rincon Lithium) · Rincon lithium project
Rio Tinto secured a USD 1.175 billion loan package from IFC, IDB Invest, Export Finance Australia and JBIC for its USD 2.5 billion, 60,000 t/y Rincon lithium carbonate project in Salta, Argentina.
2025-10-13 · Strategic partnership · signed · US$2,672.17 m
Ministry of Economy of Argentina (RIGI) → Los Azules project company (McEwen Copper Inc.) · Los Azules copper project (Calingasta, San Juan)
Argentina approved McEwen Copper's Los Azules copper cathode project in San Juan for the RIGI incentive regime on a declared total investment of about USD 2.67 billion.
2025-05-30 · Strategic partnership · signed · US$2,299 m
Ministry of Economy of Argentina (RIGI) → Rincón Mining PTY Ltd. Sucursal Argentina (Rio Tinto) · Rincón lithium project (Salta)
Argentina's Ministry of Economy approved Rio Tinto's Rincón lithium project as the first mining project under the RIGI large-investment incentive regime, on an investment plan of USD 1.653 billion (2024-2027) plus USD 646 million (2026-2029).
2025-04-16 · Offtake · signed · US$6 m
Authium Limited → Galan Lithium · Hombre Muerto West lithium project (Phase 1)
US-based Authium agreed to buy 45 kt LCE of lithium chloride concentrate from Hombre Muerto West over 6-12 years, provide USD 6 million of offtake prepayments and fund and operate processing technology at site.
2025-04-11 · Joint venture · announced
Ganfeng Lithium → Lithium Argentina AG · Pozuelos-Pastos Grandes (PPG) basin projects
Lithium Argentina and Ganfeng signed a letter of intent to jointly develop the Pozuelos-Pastos Grandes basin, combining Ganfeng's Pozuelos-Pastos Grandes project with the jointly held Pastos Grandes and Sal de la Puna projects in Argentina.
2024-12-19 · Royalty · signed · US$28 m
Triple Flag Precious Metals Corp. → Lithium Royalty Corp. · Tres Quebradas (3Q) lithium brine project (Zijin Mining / Liex SA)
Triple Flag agreed to buy Lithium Royalty Corp's 0.5% gross overriding revenue royalty on Zijin Mining's Tres Quebradas lithium project in Catamarca, Argentina, for USD 28 million.
2024-10-24 · Acquisition · completed · US$699 m
Eramet → Tsingshan Group · Centenario (Eramine Sudamerica)
Eramet bought back Tsingshan's 49.9% minority interest in Eramine Sudamerica, regaining 100% of the Centenario direct lithium extraction project in Argentina.
2024-07-30 · Acquisition · completed · US$2,100 m
BHP; Lundin Mining → Filo Corp. · Filo del Sol and Josemaria (Vicuña district)
BHP and Lundin Mining agreed to jointly acquire Filo Corp. and form a 50/50 joint venture holding the Filo del Sol and Josemaria copper projects in the Vicuña district of Argentina and Chile; BHP's cash payment was about USD 2.1 billion.
and 3 earlier deals
Mines and facilities (45)
- Altar Copper-Gold ProjectProject · Development · San JuanCopper, Gold, Silver
- Aluar Puerto Madryn smelterSmelter · In production · ChubutAluminium
- Arizaro Lithium Brine ProjectProject · Development · SaltaLithium
- Candelas Lithium Brine ProjectProject · Development · CatamarcaLithium, Potash
- Cauchari Lithium Brine Project (Rio Tinto)Brine operation · Development · JujuyLithium
- Cauchari-OlarozBrine operation · In production · JujuyLithium
- Centenario-RatonesBrine operation · In production · SaltaLithium
- Cerro Solo Uranium-Molybdenum DepositProject · Exploration · ChubutUranium, Molybdenum
- Don Otto Uranium DepositProject · Development · SaltaUranium
- Doncellas Lithium Brine ProjectProject · Exploration · JujuyLithium
- El Pachón Copper ProjectProject · Development · San JuanCopper, Molybdenum, Silver
- Fénix (Salar del Hombre Muerto)Brine operation · In production · CatamarcaLithium
- Filo del Sol Copper-Gold-Silver Project (Vicuña)Project · Development · San JuanCopper, Gold, Silver
- Hombre Muerto Norte Lithium ProjectProject · Development · SaltaLithium
- Hombre Muerto WestProject · ConstructionLithium
- Ivana Uranium-Vanadium Deposit (Amarillo Grande)Project · Development · Río NegroUranium, Vanadium
- JosemaríaProject · Development · San JuanCopper, Gold, Silver
- Kachi Lithium Brine ProjectProject · Development · CatamarcaLithium
- Laguna Salada Uranium-Vanadium ProjectProject · Development · ChubutUranium, Vanadium
- Los Azules Copper ProjectProject · Development · San JuanCopper, Gold, Silver
- MARA Copper Project (Agua Rica-Alumbrera)Project · Development · CatamarcaCopper, Gold, Silver, Molybdenum
- MarianaBrine operation · In production · SaltaLithium
- Meseta Central Uranium ProjectProject · Exploration · ChubutUranium
- OlarozBrine operation · In production · JujuyLithium
- Pozuelos-Pastos Grandes (PPG) Lithium ProjectProject · Development · SaltaLithium
- PSJ Cobre Mendocino (San Jorge) Copper ProjectProject · Development · MendozaCopper, Gold
- Puna Operations (Chinchillas Mine and Pirquitas Mill)Mine · In production · JujuySilver, Lead, Zinc
- RincónProject · Construction · SaltaLithium
- Rincón Lithium Project (Argosy)Project · Construction · SaltaLithium
- Rincón West (Rincón Oeste) Lithium ProjectProject · Development · SaltaLithium
- Río Grande Copper-Gold Project (Salta)Project · Exploration · SaltaCopper, Gold, Silver
- Río Grande Lithium Project (NOA Lithium)Project · Exploration · SaltaLithium
- Rio Grande Sur Lithium ProjectProject · Exploration · SaltaLithium
- Sal de los Ángeles Lithium Project (Diablillos salar)Project · Construction · SaltaLithium
- Sal de OroBrine operation · In production · SaltaLithium
- Sal de VidaBrine operation · In production · CatamarcaLithium
- Salar de Antofalla Lithium Project (Albemarle)Project · Exploration · CatamarcaLithium
- Salar de Tolillar Lithium ProjectProject · Development · SaltaLithium
- San Jorge Lithium Brine ProjectProject · Exploration · CatamarcaLithium
- Sierra Pintada Uranium Mine (San Rafael)Mine · Care & maintenance · MendozaUranium
- Solaroz Lithium Brine ProjectProject · Exploration · JujuyLithium
- Taca Taca Copper-Gold-Molybdenum ProjectProject · Development · SaltaCopper, Gold, Molybdenum
- TincalayuMine · In production · SaltaBoron
- Tres Quebradas (3Q)Brine operation · In production · CatamarcaLithium
- Valle de Chita Copper-Gold-Silver ProjectProject · Exploration · San JuanCopper, Gold, Silver
Latest news
All news →- CleanTech Lithium takes options on Salar de Antofalla properties in Argentina
2026-10-09 · Mining Technology
- Glencore's Agua Rica copper project in Argentina approved under RIGI investment regime
2026-10-03 · Mining.com.au
- Eramet plans US$350 million expansion of Centenario-Ratones lithium plant and RIGI application
2026-10-01 · Eramet
- Catamarca grants environmental approval for Lake Resources' Kachi lithium project
2026-09-29 · Small Caps
- US EXIM signs framework for up to US$7 billion of financing in Argentina, led by critical minerals
2026-09-23 · Export-Import Bank of the United States
- Chile, Argentina, Bolivia and Peru sign joint declaration on strategic minerals cooperation
2026-08-29 · Anadolu Ajansı