BUENOS AIRES: Argentina’s government has approved a US$2.5bil lithium mining project by Anglo-Australian giant Rio Tinto, marking the first mining project under a new investment incentive regime.
The approval of Rio Tinto’s Rincon project, located in the northern Salta province, under the Incentive Regime for Large Investments (RIGI) programme was announced by the country’s Mining and Energy Coordination secretary Daniel Gonzalez at a conference in the capital Buenos Aires.
