Unlocking Opportunities: Global Metals Trends and Argentina's Mining Landscape

Join us to provide you with an in-depth analysis of the current market conditions, economic outlook, and implications for the industrial metals sector in Latin America, with a specific focus on Argentina.

• Market Volatility: Analysis of the volatile market conditions experienced in the March 2025 quarter due to recent policy announcements and economic uncertainties.
• Economic Indicators: Discussion on the modest weakening of the US dollar and rising recession concerns in the US and globally, impacting market dynamics.
• Inflation Concerns: Examination of how inflation is affecting central bank policies and the potential implications for interest rates and economic activity.
• Industrial Metals Price Trends: Overview of the downward pressure on industrial metals prices, with most commodities ending the quarter lower, except for gold, which saw a 19% increase driven by haven demand.
• Cost Management in the Industry: Insights into the expected modest increase in industry costs and the challenges producers face in maintaining profitability amidst declining commodity prices and the need for decarbonization.
• Activity Levels in the Sector: Analysis of the decline in financing and drilling activities compared to previous quarters, highlighting the overall malaise in the industry.
• Regional Focus - Latin America: Specific insights into mine disruptions in Latin America and the impact on the concentrate market, including a notable 4% decrease in Chile's copper production in early 2025 compared to the previous year.

Speakers

Patricia Barreto

Base Metals Senior Analyst – Metals & Mining Research
S&P Global Commodity Insights

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Aude Marjolin

Gold Analyst - Metals & Mining Research
S&P Global Commodity Insights

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Alejandro Berney

Investor Relations Officer
BYMA & Director – Caja de Valores

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Alejandra Cardona

Executive Director
Cámara Argentina de Empresas Mineras