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South America Nations Sign Declaration to Boost Critical Minerals Cooperation

8/29/2026

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Story summary
  • Chile, Argentina, Bolivia and Peru signed a joint declaration to deepen cooperation on strategic minerals.
  • The declaration seeks responsible investment and stronger supply chains.
  • It also calls for joint geological, regulatory and technological cooperation.
  • Chile’s Economy and Mining Minister Daniel Mas warned demand for critical minerals could rise 400%-600% within a decade.
  • Argentina’s Mining Secretary Luis Lucero highlighted the region’s geological potential to expand global copper output.