Jujuy mining sector sees new investments and focus on sustainable development

Arturo Alejandro Pfister, President
Arturo Alejandro Pfister, President
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Arturo Alejandro Pfister, president of the Cámara Minera de Jujuy, said on April 13 that the province’s mining industry is experiencing significant growth due to new investments and a commitment to sustainable development.

Mining has become one of the main economic drivers in Jujuy, playing a key role in exports and creating formal employment. Pfister said that Jujuy is now recognized as an established player in Argentina’s mining sector, especially with its leadership in lithium production.

Pfister highlighted the importance of new investments for continued growth. He explained that projects submitted under the Incentive Regime for Large Investments (RIGI) could total up to $1.2 billion, which he described as a major opportunity for long-term capital and productive development. “Fiscal stability and legal predictability are essential conditions for this type of investment,” Pfister said.

The social and economic impact of mining was also discussed by Pfister. He noted that around 3,000 direct jobs and another 6,000 indirect jobs have been created by the sector—all formally registered positions. More than 80% of workers are from Jujuy itself, with many coming from Puna communities who also participate as suppliers within the value chain. According to Pfister, over 60% of a mining company’s costs remain within the province through salaries and local service contracts.

Looking ahead, exploration remains critical for future growth since only one out of every hundred exploratory projects reaches production stage. Pfister emphasized cooperation between public and private sectors to expand geological knowledge and attract further investment.

He also addressed current challenges such as rising costs—especially fuel prices—and delays in importing supplies or differences in energy costs compared to other regions. These issues affect competitiveness but highlight areas where improvements could support northern Argentina’s productive development.

Pfister welcomed institutional advances like creating a provincial Ministry of Mining and participation at international events such as PDAC conventions to promote local projects globally. However, he pointed out ongoing fiscal challenges at the national level affecting competitiveness and expressed concern about labor reforms increasing business costs due to litigation risks faced by small- and medium-sized enterprises.

“Mining is a formal activity that contributes to development and genuine job creation. It is essential to continue strengthening the private sector,” concluded Pfister.

The Cámara Minera de Jujuy continues working towards consolidating a sustainable development model based on investment, local employment, community engagement, and long-term strategic planning.



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