Glencore Announced a $4 Billion Investment to Develop Agua Rica in Catamarca
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6 Articles
The mining project plans to produce 200,000 tons of copper per year and generate exports of $2167 million per year; works will begin in November 2027.
Glencore announced the approval of the Agua Rica Project to join the Regime of Incentives for Large Investments (RIGI), an incorporation that, according to the company, provides predictability for an estimated capital investment of US$4 billion. The company pointed out that the entry to the regime strengthens Catamarca’s potential to generate employment, expand its network and...
The initiative was approved to join RIGI and plans to start works in November 2027. Once in operation, it could produce 200,000 tons of copper per year entirely destined for export. Read more
The Catamarca mining project entered the RIGI and contemplates an estimated investment of US$4 billion, with the beginning of the works planned for November 2027.
Another RIGI Comes From Paris: Glencore Will Invest $4 Billion in One of the Largest Copper Projects
The announcement was made by President Milei and the CEO of the mining company
The agreement to develop the Agua Rica Project, in the province of Catamarca, envisages an estimated capital investment of US$4 billion.
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