Argentina Eases Glacier Mining Protections
Analysis based on 19 articles · First reported Apr 08, 2026 · Last updated Apr 10, 2026
The approval of the bill in Argentina is expected to unlock over $30 billion in mining investments, primarily in copper, gold, and silver projects, which could significantly boost Argentina's economy. However, potential legal challenges from environmental groups like Greenpeace and the Environment and Natural Resources Foundation could introduce uncertainty for these investments.
Argentina's Congress approved a controversial bill promoted by President Javier Milei that eases glacier protections to facilitate investments in mining for metals. The legislation, which was already approved by the Senate, passed with 137 votes in favor. Mining sector estimates suggest the new framework could unlock over $30 billion in investments over the next decade, with 70% allocated to new copper, gold, and silver projects. Environmental groups, including Greenpeace and the Environment and Natural Resources Foundation, vow to challenge the law in courts, organizing a public class-action lawsuit. They argue the reform threatens water access and fragile ecosystems, while opposition lawmakers label it unconstitutional. The new framework narrows protections, shielding only glaciers and landforms with 'specific hydrological functions,' with each province responsible for determination. This contrasts with the 2010 law that banned all mining activity on glaciers and periglacial zones.
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