The data arise from the last monthly report of the Ministry of Mining of the Nation January 2025, which collects statistics from the National Directorate of Promotion and Mining Economy with Customs Base. That report accessed Energy Report He also indicated that last year’s exterior sales were historically exceeded by 2012 (US $ 4,982 million) and 2011 (US $ 4,903 million).
In addition, the accumulated of the 12 months of 2024 increased 5.9% and was 23% above the average level of 2010-2023.
Gold and silver exports in 2024
In the accumulated of the 12 months of the year, the metal minerals added exports by U $ 3,854 million. This implies an interannual increase of 26.1%, where the Gold contributed US $ 3,141 million (68% of the total exported), La Plata U $ S641 million (14% of the total exported) and the rest of the metal minerals $ 72 million (2% of the total exported).
In this way, in the 12 months of 2024 gold shows an interannual growth of 36.6% in exported amounts, while silver fell 7.8% year -on -year.
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Lithium exports in 2024
In the 12 months of 2024 sales of lithium abroad reached the U $ S631 milliona decrease of 25.7% year -on -year.
Last year sales of lithium They represented 13.6% of total mining exports, unable to exceed the historical accumulated of the year 2023.
However, the amounts exported from Lithium exhibited an unpublished increase of 54.6% year -on -year to December.
Mining: How were December 2024 exports?
In December 2024 Mineral exports added U $ S517 million8.5% of Argentine total exports. That is, of every $ 100 sold abroad, US $ 8.50 were for the mining. In terms of values, The interannual increase was 7% for the month of December.
Of the total exported during December 2024, some US $ 440 million corresponded to metal mineralswhich represented an interannual increase of 17.9% compared to the same month of 2023 for this category.
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Metalifers represented 85.1% of the total mining exports of the month, with a strong participation of the gold: U $ 388 million, equivalent to 75% of the total exported. Meanwhile, the silver He added US $ 46 million (9% of the total). Of the remaining US $6 million (1.1% of the total exported) were explained by other metal minerals (Ferroaleations mostly).
He gold export boom It has an explanation. In December, the value of yellow metal exports grew 35.8% year -on -year (US $ 102 million more than in 2023), due to an increase in international prices.
Meanwhile, exports of silver In December 2024, 41.8% year -on -year fell (US $ 33 million less than in 2023), explained by a decrease in exported volumes of 48%.
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In the case of lithium, In December, a total of US $6 million were exported, which implied an interannual drop in exported amounts of 32.9%. However, in that last month of the year the lithium It occupied the number two of more exported minerals, improving with respect to the previous month, where it meant the number three position.
Thus, the lithium explained 12.8% of total mining exports last December. “This interannual fall of the exported value was explained by a decrease in international prices,” said the report to which this medium accessed.
What are the main export destinations of Argentine mining?
India, Switzerland, the United States and China They explained in December 80% (US $ 415 million) of the destinations of total mining exports, while those same countries captured 79% of the accumulated last year (US $ 3,655 million).
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Mining exports to these four countries were mostly explained by metal minerals, which represented, for this group, 87% of total mining sales abroad in December and 86% in the 12 months of the year.
In turn, these four destinations explained 81% of total metal exports in the 12 months of 2024. The remaining 19% of metal exports had as its main destination Canada, Belgium, South Korea, Chile and Germany.
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On the part of the lithium, as in metal minerals, exports are concentrated in a small number of destinations. China, United States, South Korea and Germany They represented 94% of lithium exports in December, and also in the accumulated of 12 months of 2024 the percentage was 94%.
China increased its participation in lithium exports by 56% in the first 12 months of 2024 Regarding the same period of 2023, as well as Japan decreased its participation by 85% in the same selected period.
Source: Ambito
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