Chile, Argentina, Bolivia and Peru sign agreement on lithium and copperPhoto by alisha jean on Pexels
Politics

Chile, Argentina, Bolivia and Peru sign agreement on lithium and copper

Euronews Portugal29 August 2026 at 14:53

Chile, Argentina, Bolivia and Peru signed a cooperation agreement on lithium and copper, bringing together four of the main South American countries that possess these natural resources. The agreement was celebrated in the context of a growing demand for these essential minerals for the global energy transition.

The four countries seek to strengthen their mutual cooperation and attract foreign investment for the development of these sectors. The partnership positions the South American region as a reliable supplier of essential resources for the world economy.

Lithium and copper are considered fundamental minerals for the production of renewable energy technologies and decarbonization, which increases the strategic value of these countries in the global scenario. The agreement reflects the intention of these countries to act in a coordinated manner to maximize the economic benefits of these resources.

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