Chile, Argentina, Bolivia, and Peru form critical minerals alliance

critical minerals mining cooperation lithium supply chain copper production energy transition

Chile, Argentina, Bolivia, and Peru have entered a strategic alliance to integrate their mining sectors and secure the supply of critical minerals. During a ministerial meeting in Santiago, the four nations signed a joint declaration aimed at positioning the region as a reliable and competitive global supplier of essential resources like copper and lithium, which are vital for the energy transition and artificial intelligence technologies.

As part of this cooperation, Chile and Argentina have reactivated the 1997 Mining Integration and Complementation Treaty. This reactivation includes the approval of specific operating protocols for three major binational mining projects: Vicuña (integrating the Josemaría, Tamberías, and Filo del Sol deposits), NexoAndino (comprising the Los Helados and Lunahuasi deposits), and Filo Sur. These protocols facilitate the shared use of infrastructure, logistics, and resources across the Andes.

The binational mining portfolio is estimated to unlock over USD 20.7 billion in investment. This strategic move comes as experts project that global demand for critical minerals could surge by 400% to 600% over the next decade.

Entities

Antofagasta · Argentina · Bolivia · Chile · Consejo Minero · Daniel Mas · ENAMI · Fundación Terram · Jorge Astudillo · José Miguel Carvajal · Ministry of Mining · Peru

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Proceeds from state asset sales are intended to fund reconstruction in Coquimbo and Atacama and replenish the Economic and Social Stability Fund (FEES). www.atacamanoticias.cl
[○ 1 SOURCE] The government will announce the sale of state assets in the coming days. www.atacamanoticias.cl
[○ 1 SOURCE] Chile has the third-largest number of tailings deposits in the world, following China and the United States. bloglemu.blogspot.com
[○ 1 SOURCE] Local mining procurement in Antofagasta could exceed US$11 billion by 2035. consejominero.cl
[● 2 SOURCES] The biminister of Economy and Mining urged mining companies to use high copper prices to boost exploration and production. www.latercera.com · www.atacamanoticias.cl
[● 2 SOURCES] The Governor of Tarapacá proposed advancing future mining royalty transfers to finance reconstruction in disaster-stricken northern regions. vilasradio.cl · elreporterodeiquique.com
[○ 1 SOURCE] Ministers from Chile, Bolivia, Peru, and Argentina will meet to analyze regional mining impacts. www.latercera.com
[○ 1 SOURCE] The Mayor of Tocopilla accused companies ENGIE and Aesgener of environmental damage due to ash runoff from rains. elreferente.cl
[● 5 SOURCES] The mining agreements could unlock more than USD 20.7 billion in investment. fmimpacto107.com.ar · titulares.ar · jachalmagazine.com.ar · mugglehead.com
[● 5 SOURCES] The Vicuña project integrates the Josemaría, Tamberías, and Filo del Sol deposits. energiminas.com · titulares.ar · jachalmagazine.com.ar · fmimpacto107.com.ar
[● 7 SOURCES] Global demand for critical minerals could increase by 400% to 600% over the next decade. radio580.com.ni · noticiabrasil.net.br · www.acierta.mx · www.ocmal.org · www.antaranews.com · +1 more
[● 5 SOURCES] The NexoAndino project includes the Los Helados (Chile) and Lunahuasi (Argentina) deposits. energiminas.com · titulares.ar · jachalmagazine.com.ar · fmimpacto107.com.ar