Patagonia is a region with a variety of mineral resources, most of them yet to be developed. There are mines producing:
Coal (Río Turbio, Province of Santa Cruz) Iron (Hiparsa, Sierra Grande, Province of Río Negro) Gold (Cerro Vanguardia, Santa Cruz) Silver (Mina Marta, Santa Cruz)
There are several mining companies exploring for precious metals throughout the region, thus creating a reasonable expectation that mining will soon become a significant source of income all over Patagonia.
Market Overview
The mining industry in Argentina has expanded exponentially in the last fifteen years. This growth has been accompanied by an increase in local demand for mining equipment. Recent changes in the tax burden on mineral exports may slow down the rate of growth, but it is likely that several new mines will be built in the next few years. The best opportunities for U.S. suppliers are to be found in heavy equipment, particularly earth moving equipment.
Market Research
The U.S. Commercial Service provides valuable market intelligence to U.S. citizens and U.S. companies. All our market research is available in the U.S. Government Export Portal, free to registered users. Just login and read it!
Contact
Please feel free to contact the U.S. Commercial Specialist in Argentina, for more information.
