Latin America's Role in the Global Commodity Boom

Latin America is positioned to benefit from the global commodity boom due to factors such as the green transition, increasing demand for metals and minerals, and geopolitical tensions between China and the US. The region has abundant reserves of critical minerals and metals like copper and lithium, as well as large tracts of farmland. Latin America's proximity to demand centers and relatively low extraction costs make it an attractive investment destination. However, challenges remain, including environmental concerns, regulatory uncertainties, and the need for infrastructure development.