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IDB LAC Minerals

IDB LAC Minerals

The IDB Group is building secure, sustainable value chains for critical minerals through responsible mining, investment, and infrastructure in Latin America and the Caribbean.

Minerals LAC

IDB LAC Minerals helps turn Latin America and the Caribbean’s rich mineral resources into sustainable growth and better lives. By promoting secure and responsible value chains, the initiative supports the region’s transition from underground wealth to long‑term development.

Through a single, integrated platform, the IDB Group provides technical assistance and financing solutions, including blended financing, to support the sustainable extraction, refining, and processing of critical minerals such as copper, lithium, nickel, and molybdenum.

30%

of global critical minerals are in Latin America and the Caribbean

$180 billion

in annual metal exports

$151 billion

in mineral projects under development

Up to $770 billion

in market potential by 2040

$500-600 billion

in required global investment (IEA estimate)

The IDB Group brings together sovereign lending, private‑sector financing, blended financing, and technical assistance under a single platform to de‑risk projects and mobilize private capital for extraction, refining, processing, and related infrastructure. 

We support policy and regulatory reforms, institutional capacity building, and strong governance to create predictable, high‑standard investment environments. 

We also promote value addition beyond extraction – through infrastructure, logistics, processing capacity, local suppliers, and skills – to help countries move up the value chain and strengthen the resilience of regional supply chains.

Ian Goldfjan walking with executives holding a certificate - Inter American Development Bank - IDB Energy

IDB LAC Minerals has received strong international support:

  • Japan: $20 million contribution through the Japan Resilience Initiative
  • Canada: Exploring technical assistance, blended financing, and guarantees
  • Finland: Knowledge partner on sustainable mining and co-investment opportunities
  • Italy (Cassa Depositi e Prestiti): Exploring financial instruments

Additional support has been expressed by countries including: Germany, Spain, Sweden, Switzerland, the United Kingdom, and the United States.

IDB LAC Minerals is structured around three key pillars:

Man holding a mineral - IDB LAC Minerals - Inter American Development Bank - IDB Policy Reforms to Enable Investment
Two persons working together - LAC Minerals- Inter American Development Bank - IDB Mobilization of Private Investment and Risk Management
Two persons looking to a mine - LAC Minerals- Inter American Development Bank - IDB Infrastructure and Expansion of Value Chains
Joint MDB Statement on Critical Minerals to Manufacturing Value Chains
WASHINGTON — We, the multilateral development banks (MDBs), recognize the importance of working together to help build diversified, resilient, and responsible critical minerals to manufacturing value chains, in order to scale up support for clean, affordable, and reliable energy access, as well as...
IDB Group Launches IDB LAC Minerals
Initiative gathered strong international supportASUNCIÓN — The Inter-American Development Bank Group (IDB Group) today launched IDB LAC Minerals, a new initiative to develop more value-added and secure supply chains for critical minerals originating in Latin America and the Caribbean. IDB LAC...
IDB Projects Latin America and Caribbean to Grow 2.1% in 2026, Amid Global Uncertainty and Persistent Challenges
WASHINGTON — Latin American and Caribbean economies are projected to grow by an average of 2.1% in 2026, broadly in line with its long-run average, according to the Inter-American Development Bank's (IDB) new macroeconomic report. The analysis underscores the resilience of the region's economies and...
A future-ready region: critical minerals for growth

Supports governments in identifying actionable strategies, tools, and frameworks to boost investment and accelerate the development of critical mineral value chains.

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Geological Mapping of Critical Minerals in Brazil

Expands geological knowledge and data availability to inform investment decisions and strengthen the pipeline of bankable projects.

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Minerals as Leverage for Growth in the Andean Region: Investment Needs Dashboard

Provides data-driven insights to identify investment gaps and prioritize opportunities across critical mineral value chains.

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IDB Invest Finances Rincon Mining to Expand Lithium Production in Argentina

The loan will boost exports and Argentina’s integration into global value chains, driving job creation and local business activity in Salta

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Critical Minerals: Accelerating Investment in Advanced Technologies for Sustainable and Responsible Mining

IDB Invest report: leveraging smart mining in Latin America and the Caribbean amid surging global demand for critical minerals.

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About the IDB

We are the main source of development financing for Latin America and the Caribbean.

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IDB Invest aims to be the partner of choice for the private sector in Latin America and the Caribbean. We finance projects to advance clean energy, modernize agriculture, strengthen transportation systems and expand access to financing.

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IDB Lab is the innovation and venture arm of the Inter-American Development Bank Group (IDB Group). We focus on entrepreneurship and technology to cocreate solutions for development challenges in Latin America and the Caribbean. 

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Project Procurement

Whether you are a new supplier or an experienced contractor, this is your gateway taking part in IDB-financed projects that drive sustainable development and growth across Latin America and the Caribbean.

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