The China Mail - Argentine MPs approve bill to allow mining in glaciers

USD -
AED 3.672497
AFN 65.476996
ALL 80.624983
AMD 364.974259
ANG 1.789783
AOA 917.999692
ARS 1491.741104
AUD 1.415168
AWG 1.80125
AZN 1.701624
BAM 1.695131
BBD 2.013772
BDT 122.727568
BGN 1.696366
BHD 0.377013
BIF 2989.30472
BMD 1
BND 1.279707
BOB 11.723256
BRL 5.1822
BSD 0.999822
BTN 95.377802
BWP 13.458947
BYN 3.007007
BYR 19600
BZD 2.01086
CAD 1.39104
CDF 2273.000038
CHF 0.813602
CLF 0.023234
CLP 914.439757
CNY 6.743203
CNH 6.74494
COP 3125.47
CRC 448.949346
CUC 1
CUP 26.5
CVE 95.568479
CZK 20.982202
DJF 178.045684
DKK 6.47703
DOP 58.519421
DZD 132.928959
EGP 50.180797
ERN 15
ETB 159.950519
EUR 0.86641
FJD 2.21345
FKP 0.740977
GBP 0.740675
GEL 2.610111
GGP 0.740977
GHS 11.128686
GIP 0.740977
GMD 73.507249
GNF 8783.265513
GTQ 7.627971
GYD 209.1829
HKD 7.84673
HNL 26.864959
HRK 6.528501
HTG 130.780532
HUF 314.866498
IDR 17819.3
ILS 2.95937
IMP 0.740977
INR 95.438198
IQD 1310.5
IRR 1374587.501968
ISK 123.1974
JEP 0.740977
JMD 158.180975
JOD 0.70897
JPY 159.192006
KES 129.209874
KGS 87.449726
KHR 4046.698677
KMF 427.000133
KPW 900.000294
KRW 1414.934982
KWD 0.30876
KYD 0.833243
KZT 465.286595
LAK 22558.404583
LBP 89534.106716
LKR 333.288554
LRD 181.477003
LSL 16.129242
LTL 2.95274
LVL 0.60489
LYD 6.368494
MAD 9.261251
MDL 17.356486
MGA 4305.000212
MKD 53.324955
MMK 2099.413896
MNT 3597.332522
MOP 8.081473
MRU 40.066389
MUR 47.110158
MVR 15.450097
MWK 1733.741837
MXN 17.029504
MYR 4.083098
MZN 63.909717
NAD 16.129242
NGN 1362.719669
NIO 36.792109
NOK 9.489865
NPR 152.601176
NZD 1.704145
OMR 0.384502
PAB 0.999848
PEN 3.373009
PGK 4.402496
PHP 61.3645
PKR 277.775001
PLN 3.73456
PYG 5967.212831
QAR 3.643501
RON 4.541897
RSD 101.634987
RUB 83.076123
RWF 1469
SAR 3.753929
SBD 8.048583
SCR 13.910203
SDG 600.497914
SEK 9.549399
SGD 1.27971
SHP 0.740866
SLE 24.498131
SLL 20969.499227
SOS 571.496016
SRD 37.7225
STD 20697.981008
STN 21.425
SVC 8.748445
SYP 13001.999906
SZL 16.133575
THB 33.175497
TJS 9.23879
TMT 3.51
TND 2.934994
TOP 2.40776
TRY 47.885201
TTD 6.780175
TWD 32.007396
TZS 2645.774976
UAH 44.693081
UGX 3712.16225
UYU 40.060498
UZS 11950.000135
VES 770.1091
VND 26100.5
VUV 118.611996
WST 2.733656
XAF 568.516344
XAG 0.015585
XAU 0.000231
XCD 2.70255
XCG 1.801951
XDR 0.707052
XOF 568.504905
XPF 103.824971
YER 237.197941
ZAR 16.195635
ZMK 9001.202229
ZMW 18.797263
ZWL 321.999592
  • CMSC

    0.0250

    21.475

    +0.12%

  • AZN

    -1.2600

    157.24

    -0.8%

  • BCE

    0.1900

    23.32

    +0.81%

  • CMSD

    0.0000

    21.59

    0%

  • NGG

    0.5200

    81.2

    +0.64%

  • GSK

    0.1500

    50.45

    +0.3%

  • BCC

    -0.1200

    84.13

    -0.14%

  • JRI

    -0.0300

    12.68

    -0.24%

  • BTI

    1.5100

    57.35

    +2.63%

  • RIO

    -3.0200

    98.2

    -3.08%

  • RYCEF

    -0.3900

    20.71

    -1.88%

  • RBGPF

    -0.8200

    71.34

    -1.15%

  • BP

    -0.1000

    42.83

    -0.23%

  • RELX

    0.1200

    34.67

    +0.35%

  • VOD

    0.1300

    16.22

    +0.8%

Argentine MPs approve bill to allow mining in glaciers

Argentine MPs approve bill to allow mining in glaciers

Argentine MPs approved a bill early Thursday promoted by President Javier Milei that authorizes mining in ecologically sensitive areas of glaciers and permafrost, and has outraged environmentalists.

Text size:

The amendment to the so-called Glacier Law, which was already approved by the Senate in February, would make it easier to mine for metals such as copper, lithium and silver in frozen parts of the Andes mountains.

The Chamber of Deputies, Argentina's lower house of Comgress, approved the amendment with 137 votes in favor, 111 against and three abstenations after nearly 12 hours of debate.

Environmentalists say the reforms will weaken protections for crucial water sources.

Thousands of people took part in a demonstration on Wednesday afternoon outside parliament, marked by isolated skirmishes with police.

Some held aloft banners with slogans such as "Water is more precious than gold!" and "A glacier destroyed cannot be restored!"

Seven Greenpeace activists were arrested earlier in the day after scaling a statue outside parliament and unfurling a banner urging lawmakers "not to betray the Argentine people."

The passage of the amendment is a new coup for Milei, who pushed through looser labor laws in February despite repeated street protests.

Nicolas Mayoraz, an MP from Milei's ruling La Libertad Avanza party, assured lawmakers that combining "environmental protection and sustainable development is possible."

Environmental activist Flavia Broffoni rubbished the government's position.

"The science is clear...there is absolutely no possibility of creating what they (the government) call a 'sustainable mine' in a periglacial environment," she told AFP after addressing the protest outside parliament.

- Lithium race -

There are nearly 17,000 glaciers or rock glaciers -- a mix of rock and ice -- in Argentina, according to a 2018 inventory.

In the northwest of the country, where mining activity is concentrated, glacial reserves have shrunk by 17 percent in the last decade, mainly due to climate change, according to the Argentine Institute of Snow Science, Glaciology and Environmental Sciences.

Milei, a free-market radical who does not believe in man-made climate change, argues the bill is necessary to attract large-scale mining projects.

Argentina is a major producer of lithium, which is critical to the global tech and green energy sectors.

The Central Bank has estimated, based on industry forecasts, that the country could triple its mining exports by 2030.

"Environmentalists would rather see us starve than have anything touched," Milei has argued.

Supporters of the reform argue that it will clear up ambiguities in the current law, from 2010, on which periglacial areas -- areas on the edges of glaciers -- can be economically developed.

"We want legal certainty, we want clear definitions," Michael Meding, director of the Los Azules copper mining project in San Juan, told AFP.

Enrique Viale, president of the Argentine Association of Environmental Lawyers, told AFP that the reform threatened the water supply of "70 percent" of Argentines.

Under the current law, a scientific body designates protected glaciers and periglacial environments.

The reform would give individual provinces more powers to decide which areas need protection and which can be exploited for economic purposes.

It has been backed by the governors of northern Andean provinces with strong mining sectors, namely Mendoza, San Juan, Catamarca and Salta.

R.Yeung--ThChM