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Argentina’s January-February mining exports hit 10-year record

BUENOS AIRES – Argentina’s mining exports reached a historic high in January and February this year, outdoing the prior record from the same period a decade ago by 13%, the mining ministry reported on Monday.

The first two months of the year generated $782 million in exports, compared with the prior record of $692 million in January and February of 2015.

Argentina’s mining exports are primarily gold, along with silver and lithium.

Year-on-year, January and February gold exports rose 54% and silver increased 46%. Lithium ticked up 23%, but was still lower than the amount exported in the first two months of 2023.

Switzerland, China, the United States and Canada were the main destinations for all mining exports together, while China took the lead for lithium.

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