Historical World Bank Financing for a Mining Project in Salta: Usd 2.4 Billion to Boost Argentine Lithium - Diario La R
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2 Articles
The province of Salta will be the scene of the largest disbursement in the history of the International Finance Corporation (IFC), the private arm of the World Bank. The entity will allocate USD 2.4 billion to finance a lithium exploitation project that combines domestic and foreign investment. The official announcement will be made in the coming weeks, when the details of the loan and the operating schedule are revealed. This financial support …
The International Finance Corporation (IFC), the branch of the World Bank for the private sector, announced a set of investments that includes a project of US$ 2.4 billion for the development of lithium in Salta, considered the largest carried out by the institution in the country. The vice president of IFC, Alfonso García Mora, is in Buenos Aires to close the final agreements, which would materialize in the coming weeks. As explained, the opera…
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