mineral exploration company

ABOUT US

Southern Cross Britannia was founded to take advantage and profit from the global move to renewable energy. Our mission is to build a world class mineral exploration portfolio and provide and secure ethically sourced battery raw materials supply. 

We do this by focusing on areas with high geological potential which have been under-explored in the past due to unfavourable political and fiscal conditions. Our first exploration projects are located in the Provinces of Salta and Jujuy, Argentina. In autumn 2017, the federal mining law of Argentina was amended to raise the attractiveness of mineral exploration and mining in the country.

We believe in the application of sound geological principles, thorough observations in the field, and key enabling technology. We conduct our activity with utmost corporate social responsibility and respect for the environment in which we operate.

WHY ARGENTINA

The national mining law was overhauled in autumn 2017 to increase attractiveness in the sector. Mining law key points include:

  • Revoked export taxes on mineral product.
  • Simplified the import of capital.
  • Tax stability guarantee for 30 years from the time a feasibility study is filed.
  • Provincial royalties capped at 3% of mine-head value.
  • Provincial tax for mining infrastructure development capped at 1.5%.
  • Accelerated depreciation of mining infrastructure.
  • Deduction of 200% of exploration expenses.
  • Deduction of 100% of the amount spent on determining the project’s feasibility.

The Macri administration overhauled the national mining law in autumn 2017 to increase attractiveness in the sector. Mining law key points include:

  • Revoked export taxes on mineral products.
  • Simplified the import of capital goods.

In addition, mining is now relatively-well established in Argentina:

  • Tax stability guarantee for 30 years from the time a feasibility study is filed.
  • Provincial royalties capped at 3% of mine-head value.
  • Provincial tax for mining infrastructure development capped at 1.5%.
  • Accelerated depreciation of mining infrastructure.
  • Deduction of 200% of exploration expenses.
  • Deduction of 100% of the amount spent on determining the project’s feasibility.

OUR PROJECTS

CONTACT US

  • info@southerncrossbritannia.com
  • 1st Floor, 48 Chancery Lane, WC2A1JF, London, UK
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