Argentina bets on lithium as a strategic axis for the growth of the West
Pablo Quirno, Argentine Foreign Minister Photo: AFP
TL;DR
- Argentina's Foreign Minister Pablo Quirno stressed the strategic relevance of critical minerals for Western growth at the Munich Security Conference.
- He stated that Argentina has created new economic conditions that make the critical minerals sector attractive to investors.
- Argentina possesses the world's largest lithium reserves, accounting for 20% of the global total.
- The government under President Javier Milei has fostered macroeconomic stability, encouraging long-term investments in the mining sector.
- Argentina aspires to be a strategic partner in the critical minerals value chain, not just in extraction but as a reliable participant.
- The concept of 'energy dominance' was discussed, linking resources to geopolitical objectives, with a goal for the Americas to become a more secure region.