Argentina and Chile Revive Mining Treaty

Argentina and Chile are advancing legal frameworks to unlock over twenty billion dollars in mining investments. Officials are meeting to enable cross border infrastructure sharing and boost copper production.

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FILE PHOTO: A security guard walks past a shipment of copper ready to be delivered in Valparaiso city, about 121 km (75 miles) northwest of Santiago, June 29, 2009. REUTERS/Eliseo Fernandez/File Photo

Argentina and Chile are advancing a cross-border mining framework to unlock $20.7B in investment and boost annual Copper output by 540,000 metric tons. The revived 1997 treaty allows companies to share infrastructure and resources across the Andes Mountains. Officials are holding fresh technical talks on Thursday to accelerate development for a new generation of copper projects.

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