The deputy and former Ministry of Mining of the Nation Fernanda Ávila was the one who was in charge of negotiating and signing the MOU was invited to the working group. Both governments agreed to focus on two areas.
One of them will be that of the exploration in which both countries have a similar situation regarding the proportion of the explored national territory and therefore it was agreed that through the geological services of each country that were in charge of the issue, They will cooperate in that area.
The second is the investment, where the opportunities that exist so that Indian capitals will come to the country to develop mining projects, either directly or by agreements between the states.
The ten -point account, also highlighting the knowledge area.
The Argentine government reported that the president of Segemar, Julio Bruna, was appointed to be in charge of the exploration issue, while the investment part will be in charge of the Ministry of Mining Development, Mario Thiem.
Optimistic Lucero: “We have a lot to offer and India has a lot to give us”
The Secretary of Mining of the Nation Luis Lucero After greeting in English and thanking the Indian delegation for the invitation, he left the script and provided his exhibition in Spanish, to tell about what the agreement is about.
Lucero highlighted the work of the Indian ambassador DIESH Bhatia For his work, who recalled that it was one of the first visits he received in his office when he took over the mining portfolio.
The Ministry of Mining highlighted the mining similarities between the two countries, such as those of being two federal countries, each with their powers and their specific direction, with similarities in regulatory and legal matters.
The official stressed that it was a “great meeting” that they held in the Foreign Ministry, in which he mainly dedicated himself a long time to tell each other exactly what his wealth are, and his strengths and weaknesses in the mining sector.
Lucero predicted that “it must be the beginning of a very fruitful work.” “We are complementary, we have a lot to offer and India has a lot to give us we have a lot of work ahead to get a very good benefit,” was the message left by the Argentine official.
Kantha Rao: “We came to see all investment opportunities”
After presenting to the large Indian delegation, composed of government officials and representatives of the private industry, the Secretary of Indian Mining Kantha Rao highlighted the possibilities that arise to work together both countries in the mining sector.
“We have come to see all investment opportunities for Indian companies in Argentina, but at the same time, we are showing that India can also offer investment opportunities for the Argentine mining sector in our country,” he said
The representative of the Indian Government highlighted the dissertation of the president of Caem Roberto Cacciola to which he “copied” by exposing three key points of the relationship.
How the first point mentioned the exploration, where he said that “India and Argentina are at the same level, we have made 33%, Argentina has also made 33% of the exploration, so there is much to do”, and proposed that it take advantage The experience of both countries and that Argentina should also go to India to explore.
Kantha Rao Secondly, the theme of the Critical minerals, which announced that the Government is firmly raising the possibility of investing., Being a very important business opportunity for companies and governments.
Thirdly, he mentioned research and development, where he predicted a joint work to develop technology together and “use it in our countries, generating a value chain.”
Kantha Rao He raised the possibility of working together in the development of lithium, taking advantage of the potential of Argentine reserves and Indian technology: “If we work together with their lithium, our technology, research and development, we should be able to make a final product, that should be the strategy, ”he said.
Cacciola: “India is a relevant player for Argentina!”
The president of the Argentine Chamber of Mining Companies Roberto Cacciola He argued that India is a relevant player for Argentina in regards to mining.
Cacciola He informed that the Asian country is in fifth in the national mining export list and that it has a “dynamic economy”, having “a growing demand for minerals”, where through mining “it is an opportunity to increase Innovation economic flow and the supply of essential resources for both countries “
The president of CaEM highlighted the complementation between the two countries as a key factor of the relationship, where for “Argentina, joint work increases the possibility of technological transfers and market diversification”, while for India, “we are a source Relative and stable alternative for the supply of essential minerals such as lithium and copper ”
The maximum representative of mining companies in the country stressed that Argentina needs investments where the country has a “young mining industry” with “excellent” investment opportunities
Cacciola He did not miss the opportunity to promote and invite the Indian delegation to Arminera, the great Argentine mining event that is organized by Caem with the support of Messe Frankfurt.
The exhibition will be held from May 20 to 22 at the La Rural site in the city of Buenos Aires, being “the scenario chosen by those who make national and international decisions”, where he mentioned the importance of presentations and rounds of business”
Mendoza, Catamarca and Santa Cruz present
Three Argentine provinces were invited to the presentation in a hall, which despite the date on which the meeting was held, was filled.
On the side of Mendoza attended the mining director Jerónimo Shantalwho traveled to Buenos Aires exclusively for the event, with the antecedent of the visit of the Indian delegation to the province, in which the governor Alfredo Cornejo show the Mendoza potential to the Indian ambassador DIESH Bhatia On January 20.
Santa Cruz had the Minister of Energy Jaime Álvarez and to the president of Fomicruz, Oscar Verain the presentation, who were with the aim of offering Asian representatives the potential they have in the desired massif, which stands out for their great reserves in gold and silver.
By Catamarca was the graduate Natalia DussoVice President of the Directory of Camyen, who very animatedly prepared the visit that an Indian delegation will make during this week. Catamarca already has Indian state companies Khanij Bidesh India LTD (Kabil) and Coal Indiacoal.ns, in addition to the private Greenko, they are already exploring lithium in the province.
Steps to follow
The continuity of the agreement will be in charge of the technical teams that will have the president of the Argentine Mining Geological Service to the Argentine side (Safemar), Julio Bruna Novilloand as regards investment analysis, the Undersecretary of Mining Development will be headed, Mario Thiel.
With regard to the next face -to -face meeting, it is already projected to be held in the first quarter of 2026 in New Delhi, with the intention of making one per year alternating the headquarters.
This bilateral mining agreement between Argentina and India adds to the firm that the President and CEO of YPF, Horacio Marín, in India a Mou with the companies Oil and Natural Gas Corporation (Oil), gas authority of India Limited (Gail (Gail ) and Oil and Natural Gas Corporation Videsh Limited (OVL), with the objective is to export up to 10 million tons per year of LNG, with the aggregate of the exploration and production of hydrocarbons.
Source: Ambito
