The critical minerals market in Latin America and the Caribbean represents approximately US$180 billion, equivalent to 25% of the global market. The main minerals include copper, iron ore, gold, and silver. The region has sustained production and significant reserves, but faces the risk of repeating the extractive model of the 20th century, exporting raw materials without capturing the added value of industrial chains, such as batteries or electric cars. Countries such as Chile and Argentina are implementing policies to retain greater value, such as the partial nationalization of lithium and incentives for local manufacturing.
To fully harness the potential of critical minerals and contribute to sustainable development and emissions reduction, it is essential to coordinate regional policies and strategies. This session seeks to analyze the role that private companies play in the critical minerals boom of the 21st century.