Peru, Chile, and Argentina are not yet ready for the global copper demand of the coming years

Global demand for copper is projected to increase by 70% by 2050, with an annual growth rate between 2.5% and 3%. Industry analysts, including representatives from BHP, have indicated that major regional producers—specifically Peru, Chile, and Argentina—currently lack the necessary readiness to meet this future surge in international demand.

Simultaneously, Argentina is exploring alternative economic opportunities in the green sector. The Consejo Agroindustrial Argentino suggests that carbon-related initiatives could generate up to US$3.9 billion annually, prompting calls for the national Senate to expedite legislative action to secure these potential foreign investments and currency inflows.