Argentina approves two mining projects via RIGI scheme worth $2.1B
Construction at Caucharí-Olaroz lithium project in Argentina. (Image courtesy of Lithium Americas Corp.)
Argentina’s government on Thursday approved the participation of two new mining projects in the country’s RIGI investment scheme, the country’s Economy Minister, Luis Caputo, said in a post on social media.
The approved projects are the San Jorge copper project in Mendoza, with an investment of $891 million, and the expansion of the Cauchari Olaroz lithium project in Jujuy, with an investment of $1.2 billion, Caputo said, adding that the projects would generate over 8,000 new direct and indirect jobs.
(Reporting by Eliana Raszewski, Editing by Cassandra Garrison)
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