SPECIAL REPORT

Mining in Argentina: Implications of new investment incentive regime

Mining is essential for decarbonisation. With critical minerals playing a vital role in the production of digital and clean energy technologies, Latin America, home to a significant share of the world’s critical mineral reserves, is uniquely poised to power the global energy transition.

To explore these opportunities, Canning House and London Politica have partnered to publish this paper in the context of 2024’s London Metal Exchange (LME) Week. It examines Argentina’s new Incentive Regime for Large Investments (RIGI), and its potential implications for UK and international investors and mining firms. Reporting begins with a geographic outline of mining opportunities across Argentina, before analysing specifics of the RIGI legislation. Thereafter, it considers key risks investors and mining operators might encounter when seeking to enter the Argentine mining market.

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ACKNOWLEDGEMENTS

This Canning House Special Report is produced in partnership with London Politica.

Clorrie Yeomans is Canning House's Corporate Affairs Officer. She graduated with an MPhil in Latin American Studies from the University of Oxford in 2022, with previous work at the Oxford Department of International Development and LatinNews.

Freddy Nevison-Andrews is Canning House's Press and Communications Manager. He has recently completed an MSc in Globalisation and Latin American Development at the UCL Institute of the Americas.

Fernando Prats is a Director at London Politica's Latin America Programme. He specialises in political risk in Latin America, particularly in Southern Cone countries (Brazil, Argentina, Chile, Uruguay). He has experience advising and consulting on regional issues for clients from different backgrounds.

Ana Sofía Germán is an Assistant Director at London Politica's Latin America Programme. She specialises in trade, investment and development and has extensive experience in policy analysis.

Azaria Kidane is a Consultant at London Politica. He has experience working on a range of topics from metal and agricultural commodities to global birth trends, as well as having worked in audit and investment management.

Carlos Cruz Infante is an Affiliate to London Politica's Latin America Programme. He is a Country Manager (Chile & Perú) at Cefeidas Group.

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