Rio Tinto Wins First Approval Under Argentina's Large Investment Incentive Scheme

Rio Tinto wins first approval under Argentina's large investment incentive scheme

Argentina has approved Rio Tinto's $2.5bn lithium mining project in Salta province, marking the first mining project to receive approval under the government's new Large Investment Incentive Regime (RIGI).

Rio Tinto wins approval for $2.5B Argentina lithium project

Argentina Creates Investment Safe Haven: Mining Giant Rio Tinto First to Dive In

Argentina just approved its first mining project under a groundbreaking new system designed to shield big investors from the country’s rocky economy. The government confirmed that Rio Tinto, a major global mining company, will invest $2.7 billion to produce lithium in northwestern Argentina. This marks a significant milestone for Argentina’s Incentive Regime for Large Investments […]

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Rio to invest $400m in Chilean lithium project with Codelco Lithium price hits lowest point since back in Feb 2021 Woodmac predicts oversupply then deficit again in early 2030s   Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The global lithium market is expected to face a significant supply surplus over the next decade, with deflationary pressures fr…

In this morning's City Council session, the approval of the national Large Investment Incentive Regime (RIGI) and the provincial New Investment Incentive Regime (RINI) was approved. The author of the adhesion ordinance, Felipe Sastre (JxER), told DIARIOJUNIO that the regulation was passed unanimously, although with partial dissent from the Partido Popular (PJ) bloc. Sastre asserted that it is a tool to facilitate the influx of foreign capital, b…

The Committee of the System of Incentives for Large Investments (RIGI) approved the first mining project under this regime in the country. The planned investment amounts to 2.7 billion dollars and will increase the production capacity to 60,000 tons of lithium carbonate battery grade annually, with the construction of a new plant that will begin to be built in the middle of this year.