Catamarca delegation, focused on lithium investments, embarked on PDAC 2024

Catamarca delegation, focused on lithium investments, embarked on PDAC 2024
Catamarca delegation, focused on lithium investments, embarked on PDAC 2024
Share:
Representatives from Catamarca's mining sector were present at PDAC 2024, the premier global convention for exploration and mining held in Toronto, Canada. The provincial delegation, headed by Minister of Mining Marcelo Murúa, actively participated in this leading event for the sector, which brought together international companies, investors and mining organizations.

Since the first day of the forum, Murúa and Fernanda Ávila, national deputy and former Secretary of Mining of the Nation, were present in various key activities where they promoted the mining attractiveness of the region, especially in the metal and lithium sectors. Ávila and Murúa participated in the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development, where they presented on Argentina's mining reality and the transparency programs implemented to ensure access to information.

The Catamarca delegation also held significant bilateral meetings, such as the one with José Fernández, Undersecretary of Economic and Energy Development at the US Department of State. This meeting discussed the formation of the Minerals Security Partnership, a group aimed at promoting the development of key mining projects, such as those related to lithium and copper, resources of great relevance to Argentina and especially the Catamarca region.

Furthermore, the groundwork was laid for a joint work agenda, with the aim of identifying existing projects that could be developed collaboratively. In this regard, the possibility of having local production from the Lithium Region, comprised of Salta, Jujuy, and Catamarca, was proposed, which was recently agreed upon with the Argentine Chamber of Mining Companies.




Another highlight was the meeting with the Secretary of Mines of India, Kantha Rao, who highlighted the relationship between his country and Catamarca in the mining sector and expressed interest in deepening it. Additionally, India's geological technical service offered support to advance geological studies in the region.

On the international front, the Catamarca delegation also engaged with representatives from the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development (IGF), reinforcing ties for technical cooperation in good practices in the governance of mineral resources. This adds to the international support programs developed by Catamarca during the 2022-2023 period, covering topics such as gender policies and transparency in information.

Finally, Minister Murúa participated in a panel exclusively dedicated to Argentina, addressing topics such as federal policy, mining prospects, and current political, social, economic, and legal changes in the country. In this instance, experiences and projects were shared among representatives from Catamarca, Salta, Jujuy, and San Juan, highlighting the diversity and potential of each jurisdiction.

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: Events: The Mining Industry Gathers in Buenos Aires to Close Out 2024

Events: The Mining Industry Gathers in Buenos Aires to Close Out 2024

Panorama Minero will organize its double event, "Argentina Gold, Silver & Copper" and the annual sector dinner "The Mining Awards Night", on December 4-5 in Buenos Aires, with an estimated audience of over 650 people. This platform will highlight the current state of the mining industry.
Illustrative image for the article: Mendoza Senate Approves Copper Exploration in 34 Projects in Malargüe

Mendoza Senate Approves Copper Exploration in 34 Projects in Malargüe

With a broad majority, the Mendoza Senate has approved the environmental impact declarations for 34 copper exploration projects in the Western Mining District of Malargüe, opening the door to mining activities in the southern part of the province. This decision, already endorsed by the Chamber of Deputies, was ratified with 33 votes in favor and only 3 against, reflecting political consensus on the importance of this initiative for the regional economy.
Illustrative image for the article: San Juan: Minas Argentinas Unveils $1 Billion Investment Plan under RIGI Program

San Juan: Minas Argentinas Unveils $1 Billion Investment Plan under RIGI Program

Mining company Minas Argentinas SA, a subsidiary of AISA Group and operator of the Gualcamayo mine, has submitted a $1 billion investment plan to Argentina’s Incentive Regime for Major Investments (RIGI), making it the first company in San Juan to join this program. This marks the largest proposed investment under the RIGI in the region, with the potential to bring significant economic and employment opportunities.
Illustrative image for the article: Renewable Energy: Genneia Announces Commissioning of La Elbita Wind Farm

Renewable Energy: Genneia Announces Commissioning of La Elbita Wind Farm

Genneia, a renewable energy company, has announced the commissioning of La Elbita Wind Farm, its eighth wind project in Argentina and third in the province of Buenos Aires. Located 42 kilometers from Tandil, this project represents an investment of over $240 million and marks a significant milestone in the company’s wind power capacity in the country.
Illustrative image for the article: Arcadium Lithium Reports Q3 Results Amid Acquisition by Rio Tinto

Arcadium Lithium Reports Q3 Results Amid Acquisition by Rio Tinto

The lithium company, which is set to be acquired by Rio Tinto, reported third-quarter revenues of US$203.1 million, with attributable net income of US$16.1 million and adjusted EBITDA of US$42.9 million. Despite a decrease in volumes and market prices for certain products, the company managed to maintain an average price of US$16,200 per metric ton of lithium. This figure represents a slight decline from the previous quarter, driven primarily by weaker demand and delays in the lithium carbonate production expansion at the Olaroz project in Argentina.
Latin Metals Strengthens its Presence in Argentina’s Metal Mining Sector

Latin Metals Strengthens its Presence in Argentina’s Metal Mining Sector

Vancouver-based mining company Latin Metals Inc. announced that it has fulfilled the necessary payment obligations to secure a 71% ownership stake in the Cerro Bayo and La Flora exploration projects, located in Argentina’s Santa Cruz Province. This acquisition strengthens its precious metals portfolio in a highly prospective area, amid a strong wave of investor interest in Argentina’s mining hubs. The company also retains an option to acquire 100% of the properties, subject to a 0.75% NSR (Net Smelter Return) royalty.
Lithium: Exar Issues First Corporate Bonds to Finance Cauchari-Olaroz Project

Lithium: Exar Issues First Corporate Bonds to Finance Cauchari-Olaroz Project

Argentine lithium producer Exar, operating in the Cauchari-Olaroz salt flat in Jujuy, has announced its first-ever issuance of Corporate Bonds (Obligaciones Negociables, ON), marking a first for the sector in the country. The bond auction will take place on Thursday, September 7, and the funds raised will primarily be allocated to working capital and refinancing liabilities to support the company's ongoing operations.
AESA: Innovation and Development for the Mining and Energy Industries

AESA: Innovation and Development for the Mining and Energy Industries

Astra Evangelista (AESA), with 75 years of experience, positions itself as a key player in the development of the mining and energy sectors in Argentina, offering comprehensive solutions to the oil, energy, and mining industries. The company, which employs nearly 9,000 people across various Argentine provinces, including Tierra del Fuego, Santa Cruz, Chubut, Río Negro, Neuquén, La Pampa, Mendoza, and Buenos Aires, has strengthened its presence in strategic areas such as the province of Jujuy, where it has begun actively collaborating with the lithium industry, one of the country’s most dynamic and rapidly growing sectors.