Juan Biset on Argentina mining reform, Copper Triangle

The Northern Miner Podcast episode begins with a gripping update on global mining disruptions, centered on the Iran war's impact on critical supply chains. The closure of the Strait of Hormuz has triggered a cascade of shortages in sulfur, sulfuric acid, and related chemicals, threatening copper, nickel, and aluminum production worldwide. Mines in the Democratic Republic of Congo and Zambia are cutting chemical use and planning extended shutdowns, while global metal prices—especially copper, nickel, and lithium—surge to record highs. The episode also covers geopolitical tensions, including U.S. interest in Congo’s Rubaya mine, organized crime’s growing role in Mexico’s mining sector, and a major $3 billion consolidation deal by Agnico Eagle in Finland. The core of the episode shifts to Argentina, where Juan Biset, former Undersecretary of Mining and Sustainability, discusses the landmark reform of Argentina’s 2010 Glacier Law. The reform removes the blanket prohibition on mining in glacial and periglacial areas, replacing it with science-based environmental impact assessments. This change, combined with Argentina’s RIGI investment incentives, is seen as a game-changer for attracting foreign investment in copper, lithium, and gold projects. Biset emphasizes that the reform brings legal certainty without compromising environmental protection, and positions Argentina as a rising player in the global copper supply chain, potentially forming a new 'Copper Triangle' with Chile and Peru. The episode concludes with optimism about Argentina’s mining future, driven by favorable geology, green energy potential, and strategic positioning in the Western Hemisphere.