Four South American Nations Sign Strategic Minerals Pact
Chile, Argentina, Bolivia, and Peru signed a joint declaration to coordinate investment and development of copper and lithium reserves for the global energy transition.
The governments of Chile, Argentina, Bolivia, and Peru signed a joint declaration on Friday to deepen cooperation regarding strategic minerals. The four South American nations intend to increase development, coordination, and investment to establish their region as a reliable global supplier for the energy transition.
Because these nations hold significant reserves of copper and lithium, the agreement focuses on seeking technical and financial support from multilateral institutions. The signatory countries will launch joint public-private initiatives centered on research, innovation, and institution-building projects to optimize the extraction and management of these resources.