Glencore gets RIGI nod for $4B Argentina copper project
9 Articles
9 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.
The announcement took place within the framework of Argentina Week in Paris, a business event attended by the Argentine government in search of investments.
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
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