The President's Office reported that Javier Milei and the executive director of Glencore, Gary Nagle, announced in Paris the development of the Agua Rica Project in Catamarca, after the Evaluation Committee approved its incorporation into the Incentive Regime for Large Investments (RIGI). According to the agency, the estimated total investment would be USD 4 billion, including USD 771 million in the first two years. The Office indicated that the project would have an average production of 200,000 tons of copper annually, entirely destined for international markets, with estimated exports of USD 2.167 billion per year. It also noted that construction could generate up to 3,500 jobs and that the operation would require 1,250 direct positions and 3,750 indirect ones. The agency stated that the works would begin in November 2027 and that the operation is expected to start in October 2031. #Inversión #Minería #DesarrolloEconómico (translated)
