Argentina Mining Secretary Says Mining Exports To Double To $10B In 2027 From $4B This Year On Lithium, Copper
Portfolio Pulse from Benzinga Newsdesk
Argentina's Mining Secretary announced that the country's mining exports are expected to double to $10 billion by 2027, driven by lithium and copper production. This growth is significant for the mining sector and could impact related investments.
August 28, 2024 | 3:37 pm
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The expected doubling of Argentina's mining exports to $10 billion by 2027, driven by lithium and copper, could positively impact the Global X MSCI Argentina ETF (ARGT), which may have exposure to the mining sector.
The news highlights a significant growth in Argentina's mining sector, particularly in lithium and copper, which are key components in various industries. ARGT, being an ETF focused on Argentina, may have exposure to companies benefiting from this growth, potentially leading to a positive impact on its performance.
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RELEVANCE 70