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Argentina plans to triple its mining exports

RIO DE JANEIRO, BRAZIL - The Argentine government will launch a mining plan to triple export revenue to more than US$10 billion. The mining sector's contribution to GDP is barely 0.6%, while it reaches 10% in Peru, 11% in Brazil, and 12% in Chile.

The program is called the Strategic Plan for the Development of Argentine Mining (PEDMA) and will be launched after the November elections, as the election embargo period does not allow any government announcements.

Read also: Check out our coverage on Argentina

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