Reported about 20 hours ago
Argentina has approved a $2.5 billion lithium mining project by Rio Tinto in Salta province, marking the first project under a new investment incentive regime. This approval comes amid concerns over delays for other mining projects and is part of President Javier Milei's efforts to boost the mining sector, crucial for bringing in foreign currency and stabilizing the economy amidst high inflation. Argentina, a key player in the global lithium market, aims to enhance its mining sector while also working on gold, silver, and copper projects.
Source: YAHOO