In search of sustaining the investment program of the South Korean company Posco in lithiumnational government officials, led by the Mining Secretary Flavia Royónthey shared the package of deregulations that promote both the legislative proposals and the initiatives of the provincial governments.
The meeting, which took place in Pink House and was attended by the Chief of Staff Nicolas Posse and the Minister of Economy Luis Caputoserved to promote investment possibilities in the Dead Man’s Saltamong the provinces of Salta and Catamarca. There, through a project called “Golden Salt“, Gossamer has the most ambitious project outside of South Korea of the last 60 years.
On the part of the company, the fifth most important business group in its country and global leader in the steel sector, attended by the company’s global CEO, Jeong Woo Choi; the executive vice president, Ju Ik Cho; and the main authorities of Posco Argentina: Kwangbok Kim and Sungkook Chung.
The representatives of the national government emphasized the economic and fiscal reforms promoted in the last monthwhile the Korean delegation reported on the progress of their lithium production in the country and ratified their intention to strengthen investments in the northwest region.
Davos Forum: business round by Nicolás Posse and Luis Caputo
During his last day in Davos World Economic Forumthe Argentine delegation held meetings with different representatives of the business world looking for investments. Before his return, scheduled for Friday morning, Nicolas Posse -chief of staff- and Luis Caputo-Minister of Economy- spoke in front of company leaders to attract investments.
Firstly, they held agenda meetings with directors of NestleSwiss multinational leader in food, with the intention of promoting investments in the national field that will allow it to increase its exportable volume. Subsequently, they held a meeting with representatives of the American company Cargill -referent in the agroindustry-, in which the chancellor also participated Diana Mondino.
So much posse as Caputo participated in the Economic Leaders Forumwhose moderation was in charge of the head of the International Monetary Fund (IMF), Kristalina Georgieva. Meanwhile, at lunchtime, they participated in a meeting on foreign policy in which world leaders such as the Queen Maxima from the Netherlands; the president of Israel, Isaac Herzog; the Prime Minister of Greece, Kyriákos Mitsotakis; the president of the European Central Bank, Christine Lagarde; and former Prime Minister of the United Kingdom Tony Blair.
Mining: lithium production rose 68% during November 2023
The production of carbonate and other lithium minerals grew 68.4% in November compared to the same month last year, reported this Monday the National Institute of Statistics and Censuses (Indec)in the report titled Mining Production Index.
He mining sector At a general level, in November it reflected an advance in 7.1% year-on-year, after reaching an increase of 0.6% compared to October and a cumulative increase of 9.6% in the first eleven months of 2023.
The advances were motivated by the 9.5% increase in the crude oil exploitation; 8.8% in Silver and gold; and 63.7% in the extraction of minerals for the manufacture of chemical products.
In contrast, the extraction of precious minerals fell 21.6%; and of ornamental rocks 5.6%.
Source: Ambito
