In the lithium sector – from which Mignacco comes, as president of the mining firm Exar – there are two projects in production, another under construction, and another seven in advanced feasibility with planned investments of US $ 4.5 billion in the next three years.
In the case of copper, the manager highlighted the projects called Josemaría, Pachón, Los Azules, Mara, and Taca Taca, the completion of which would contribute another US $ 15,000 million to the country.
But he also mentioned the existence of other silver and gold initiatives in the Patagonian provinces, among which he highlighted the Christmas project in the central plateau of Chubut, whose development is prohibited by local legislation, and would allow adding an investment for another US $ s 1,500 million.
In this context, Mignacco highlighted that new projects such as the expansion of operations already underway would allow “an investment flow of US $ 20,000 million and a contribution to the country’s trade balance for an additional US $ 7,000 million to the US $ 3,000 it currently exports.”
This development will require “that for the next 10 years clear rules, stability of the fiscal legal framework, and access to the Single Free Exchange Market be ensured to repay debt, dividends and imports,” said the mining manager.
Source From: Ambito
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