2024-08-15 03:50:00
Carlos Sadir, Gustavo Saenz and Raul Jalil, governors of the provinces of Jujuy, Salta and Catamarca, held separate meetings to review the lithium table agenda and relevant matters in each province. The case of the Large Investment Incentive System (RIGI). in total, The three jurisdictions plan to invest a total of $19 billion.
«In addition to the investment potential of copper and lithium, The construction of these projects is expected to create approximately 15,000 jobs.. During the meeting of the governors of the provinces of Salta, Jujuy and Catamarca, they also discussed agreeing on mining contributions and royalties for the three provinces,” the Salta government said.
The meeting was held at Casa de Salta, where they studied the potential impact of RIGI on the three provinces. In Salta, The House of Representatives is processing the accession plan, while Jujuy has already joined and Catamarca is in the process..
They pointed out: “RIGI’s copper and lithium projects in these three provinces have an investment potential of US$19 billion, and the construction of these projects will create approximately 15,000 jobs.” Among them, $9 billion comes from the Salta project, $7 billion comes from the Catamarca project, and $3,000 comes from the Jujuy project.
“Hiring local labor is our top priority. Development of local suppliers and improvement of infrastructurea fundamental element of the social license for mining,” Saenz said after the meeting.
Leaders also talked about Agree on common approach to donations and mining fees Salta, Jujuy and Catamarca.
In addition, during the meeting Appointed former Energy Secretary Flavia Royón as executive secretary of Lithium Meter. “We thank you for your commitment and dedication, and we believe that because of your outstanding experience, you will make a great contribution to our province,” provincial leaders said.
Sadir said RIGI would ensure investment and open up “development opportunities in the region, including building exploration and mining projects, integrating local supply chains, hiring labor and improving infrastructure, among other things More industries implement investment plans«.
Lithium Table: What projects does Salta’s investments fall into?
The province with the most lithium projects is Salta, plus potential copper developments, Investment could reach $9 billion. Six mining companies there plan to apply to RIGI: Posco Argentina, Zhao Feng Mining, First Quantum Minerals, Eramet, Río Tinto and Alpha Lithum/Tecpetrol.
POSCO Argentina plans to Phases 2 and 3 of $2 billion lithium project and will evaluate future investments. Ganfeng is preparing to build new mineral projects with an investment of nearly US$1 billion.
The first quantum mineral is being sought Incentives for the Takataka copper mine project, The estimated investment is US$4 billion. Eramet is applying it to the second phase of the Centenario Ratones lithium project.
Rio Tinto Construction of 3,000-ton lithium plant progresses Next year, the company is evaluating building a 50,000-ton plant. Alpha Lithum/Tecpetrol is also looking into short-term construction of its project.
1723701601
#Lithium #Industry #Bet #RIGI #Received #Billion #Investment
