Advancing Latin America's Critical Minerals Potential
Global demand for critical minerals is rising faster than supply, which remains highly concentrated. This creates a strategic opportunity for Latin America, which holds some of the world’s largest reserves of copper, lithium and other critical minerals, backed by decades of mining expertise and industrial capabilities.
The report, developed in coordination with the UN Economic Commission for Latin America and the Caribbean (ECLAC) and in collaboration with McKinsey & Company, sets out six priority areas and 15 case studies showing how regional collaboration can strengthen value chains and unlock greater value creation from the region's minerals endowment.
Support investment mobilization
Identify investment needs across mineral value chains and mobilize public and private capital through de-risking mechanisms and innovative financing solutions.
Surface regional priorities
Elevate regional opportunities, promote economic value creation beyond extraction, and align investment and policy strategies to region-specific contexts and challenges.
Facilitate trade dialogue
Enable high-level dialogue between global leaders to reduce concentration risks, ease policy barriers, and promote transparency across global mineral supply chains and produce insights to improve minerals trade.
Accelerate innovation and responsible sourcing
Advance technological innovation in extraction, processing, and recycling alongside responsible sourcing practices to future-proof mineral value chains.