Glencore aims for 1 million tons of copper production in Argentina within the next ten years.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2025
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Should l Buy ?
Source: Yahoo Finance
Glencore's Copper Production Plans: Glencore aims to produce 1 million tons of copper in Argentina over the next 10 to 15 years, according to their CEO Martin Perez de Solay.
Potential Market Contribution: Argentina could potentially supply the global market with 2 million tons of copper within a decade.
Investment Applications: Glencore has submitted applications for the Large Investment Incentive Regime (RIGI) for its El Pachon and Agua Rica projects, targeting a combined production of 500,000 metric tons.
Argentina's Mining Landscape: The country has not produced copper since 2018, but there are expectations for it to become a significant copper producer, competing with established leaders like Chile and Peru.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
