{
  "id": 9240095,
  "title": "US to fund US$7bil of Argentina mineral, energy projects",
  "url": "https://urgent.news/2026/09/23/us-to-fund-us-7bil-of-argentina-mineral-energy-projects",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T01:26:53.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1538930/us-fund-us7bil-argentina-mineral-energy-projects"
  },
  "original_language": "en",
  "account": "The US Export-Import Bank is set to provide up to $7 billion in funding for critical mineral and energy projects in Argentina, according to a report by Reuters. This move is part of efforts to strengthen economic ties between the United States and Argentina. The funding announcement is scheduled for Wednesday at the United Nations General Assembly in New York, as Washington seeks greater access to Western Hemisphere energy resources and critical minerals. Under President Javier Milei, who is a close ally of US President Donald Trump, the US and Argentina have seen a deepening of their relationship through shared economic policies. Milei's administration, which supports market-oriented reforms, has also benefited from a preferential trade and investment agreement announced in February, which includes cooperation on critical minerals. However, Argentina's Congress has yet to ratify the bilateral deal. Argentina is rich in resources such as lithium, shale oil, and other commodities. The US funding will enable companies operating in Argentina to obtain loans for purchasing equipment from American manufacturers. Argentina, along with Chile and Bolivia, forms the \"lithium triangle,\" an area that contains the world's largest reserves of lithium, a crucial component in electronics and electric vehicles. Major companies like Rio Tinto, BHP, and Chevron are already active in Argentina's energy and mining sectors. Milei's government, facing a presidential election in 2027, has promoted an incentive regime called RIGI to attract foreign investment into key sectors such as energy, mining, and infrastructure.",
  "summary": "NEW YORK: The US Export-Import Bank plans to fund up to US$7 billion worth of critical minerals and energy projects in Argentina, according to a document seen by Reuters, as part of a push to deepen economic cooperation between Washington and Buenos Aires.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}