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Four Nations Unite for Critical Minerals
28 Aug
Summary
- Four South American nations signed a declaration to deepen strategic mineral cooperation.
- The pact aims to boost development, coordination, and investment in critical minerals.
- Producers will seek multilateral backing for research and innovation projects.
Four South American nations have joined forces to bolster their strategic mineral sector. Chile, Argentina, Bolivia, and Peru signed a joint declaration on Friday, August 28, 2026, to deepen cooperation. This initiative is designed to enhance development, coordination, and investment in critical minerals vital for the global energy transition.
The participating countries, which collectively hold significant copper and lithium reserves, intend to position South America as a dependable worldwide source for these essential resources. To achieve this, they will pursue technical and financial assistance from multilateral institutions.
Furthermore, the nations plan to launch collaborative public-private initiatives. These will focus on joint calls for research, innovation, and institution-building projects, further solidifying their commitment to advancing the strategic mineral industry.
