News of industry

Argentina eliminates export duties for thousands of manufactured goods

Yesterday 21:34 President Javier Milei's government eliminates export duties for thousands of industrial products; Economy Minister Luis Caputo says tax levy was "affecting competitiveness" in announcement hailing the move.

AGRICULTURE & ECONOMY

Argentina seeks its first wheat shipments to China in decades

30-11-2024 09:14 Argentina wheat traders are seeking to close their first significant sales to China since the 1990s, according to the head of the country’s top crop-exporting group.

ECONOMIC INDICATORS

Industry falls off cliff as activity slumps 14% year-on-year

17-07-2024 14:04 Report by UIA Argentine Industrial Union shows a year-to-year collapse of 14% in May.

by Martín Fernández Nadale

MINING & INDUSTRY

Copper frenzy draws mining giants to Argentina after Milei’s reforms

23-05-2024 00:01 Milei government tries to lure global mining heavyweights; President must convince companies that their projects are safe and lay down rules for doing business.

PRODUCTION & INDUSTRY

Industry on the ropes: Tough times for factories as consumers cut back

24-04-2024 17:24 Factories are on the ropes between adjustment and recession in Argentina. Representatives of small- and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.

ECONOMY & INDUSTRY

Cheap Chinese steel threatens jobs in Latin America

16-04-2024 09:45 Metal-workers in Latin America are clamouring for higher import tariffs as an avalanche of cheap Chinese steel floods the region.

Bloomberg

US Treasury Secretary Yellen praises Chile’s policies in visit to lithium-rich ally

01-03-2024 16:42 US Treasury Secretary Janet Yellen on Friday lavished praise on Chile during a visit focused on critical minerals.

Environment

Polluted paradise: Chile town waits for clean-up as coal shuts off

12-02-2024 13:28 Coal-fired plants and factories bellow noxious fumes into the air in a small town, but Chile has embarked on a whirlwind energy transition

BOOKS & LITERATURE

Is Argentina’s publishing industry at risk of extinction?

22-01-2024 08:05 The abrupt fall of demand from the domestic market, disproportionate increases of the price of paper and fuel, deferred payments in a context that is virtually hyperinflationary, the opening of imports and books on sale, the possible repeal of the Law for the Defence of the Book Industry, a lack of state purchases… a potent cocktail is attacking the entire ecosystem of Argentine books.

by Gonzalo Santos

Bloomberg

Billionaire Paolo Rocca has a Plan B for lithium if alpha bid fails

11-10-2023 08:10 Billionaire Paolo Rocca’s oil drilling unit will enter the lithium business one way or another.

Bloomberg

Argentina seeks to tax lithium boom to avoid region’s resource curse

02-10-2023 11:57 Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.

Lithium in Argentina

Lithium boom in Argentina hinges on politics, Zijin unit says

27-09-2023 19:05 Hurdles to lithium development in neighbouring Chile and Bolivia have opened the door for Argentina, says top industry official

Bloomberg

China’s Zijin is in talks with Argentina to turn lithium into battery cathode

11-07-2023 17:46 China’s Zijin Mining Group is in advanced talks to build a plant in Catamarca that will turn some of the nation’s huge lithium reserves into cathodes used to make electric-vehicle batteries.

Lithium sector

Argentina’s growing lithium industry hits export records

17-06-2023 13:50 Argentina's lithium industry hit a record high with exports rising to US$60 million in May, up 17% from the same month a year ago.

EU-MERCOSUR TRADE DEAL

Lula: Brazil 'will not give in' on public procurement in EU-Mercosur deal

26-05-2023 11:25 Brazilian President Luiz Inácio Lula da Silva declared Thursday that Brazil "will not give in" in talks over the free-trade agreement between Mercosur and the European Union.