Key facts
- South Korea and Argentina signed an MOU to enhance cooperation on critical minerals.
- The agreement focuses on joint projects across the entire lithium value chain.
- Both nations will share information on critical mineral policies and investment systems.
- The deal aims to promote bilateral corporate investment.
- Negotiations for a free trade agreement with the Mercosur trade bloc will be resumed.
South Korea and Argentina have agreed to bolster their cooperation on critical minerals, with a focus on joint ventures throughout the lithium value chain. The agreement was formalized through a memorandum of understanding signed on the sidelines of a bilateral summit between South Korean President Lee Jae Myung and his Argentine counterpart, Javier Milei, in Buenos Aires.