Citi estimates $1.65 trillion in investments in critical minerals, highlights Argentina

The international race to secure the supply of critical minerals is entering a new phase, with Latin America at the center of investor interest. Electrification and the growth of renewable energy are increasing the need for strategic raw materials.

According to Citi, the world will need to mobilize $1.65 trillion to meet that demand. The development of electric vehicles, artificial intelligence and data centers add to the requirements of defense and digital infrastructure.

Against that backdrop, Argentina stands out among the mining destinations with the greatest potential to attract global financing. The country draws particular interest for its copper and lithium resources, two minerals tied to the energy transition.

Higher international demand opens an opportunity to expand mining activity and attract investment. However, the country's positioning will depend on its ability to turn that geological potential into projects with effective financing and development.

With information from Ámbito — Energía.