Blue Dollar Updates

Milei’s Glacier Law Reform Faces Legal Setback

A federal court in Argentina has halted the implementation of President Javier Milei’s contentious amendments to the glacier protection law in Santa Cruz Province, marking the initial legal setback for the reform initiative. The ruling suspends Milei’s new law, which permits provincial governments to redefine protected zones and potentially open periglacial areas to mining and … Read more

Blue Dollar Updates

Milei and copper miners obtain glacier law from Congress

Argentina’s Congress has enacted legislation that relaxes protections for glacial formations, a development anticipated by major mining companies with significant projects awaiting approval, despite warnings from environmentalists regarding the potential consequences. Legislators sanctioned the amendments early Thursday with a vote tally of 137-111, following the Senate’s endorsement in late February. The approval represents a further … Read more

Blue Dollar Updates

Greenpeace Criticizes Milei’s Proposal to Change Glacier Law for Mining

Environmental NGO Greenpeace on Friday condemned as “a direct attack on Argentines’ water” President Javier Milei’s announcement regarding his intention to amend a law that safeguards the country’s glaciers to enable multi-million-dollar mining investment. In a speech on Thursday, Milei articulated his intention to redefine the legal boundaries of periglacial zones, which Greenpeace asserts are … Read more

Milei Aims to Boost Argentina’s Copper Surge by Relaxing Glacier Regulations

President Javier Milei is set to alter regulations safeguarding Andean glaciers to facilitate access to tens of billions of dollars in mining investments, as per sources. The libertarian leader has provided miners seeking to extract copper and lithium resources with the opportunity to secure their investments through the ‘RIGI’ package, which includes tax, customs, and … Read more