The U.S. Chamber of Commerce and the Argentine-American Chamber of Commerce have formally signed a joint statement on critical minerals, aiming to deepen cooperation between the two countries in strategic mineral resources such as lithium and copper, and to promote supply chain integration and investment facilitation.
This joint statement is a significant follow-up action to the U.S.-Argentina Reciprocal Trade and Investment Agreement signed in February of this year. As the largest business organization in the United States, the U.S. Chamber's move is part of its global strategy to promote diversification of the critical minerals supply chain, aiming to integrate U.S. companies more deeply into Argentina's mining ecosystem. The Argentine-American Chamber of Commerce will play a key bridging role, assisting U.S. companies in connecting with local suppliers and service providers, and facilitating policy implementation.
From a commercial perspective, this initiative aims to "de-risk" and create a more favorable environment for U.S. companies to participate in mining investment and procurement in Argentina. For Argentina, signing the joint statement will help attract more U.S. capital and advanced technology to large flagship projects, such as the Vicuña copper project, a joint venture between BHP and Canada's Lundin Mining.
Official Argentine data shows that the country's mining exports reached a record $6.037 billion in 2025. Under an investment incentive plan, mining exports are projected to exceed $20 billion within the next seven years. The signing of the joint statement will assist Argentina in transitioning from a resource exporter to a processor of high-value-added products. The two chambers also plan to establish a joint working group to monitor implementation and address practical issues faced by U.S. companies operating locally.
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