Glencore bets on Catamarca with a multimillion-dollar investment in mining

The governor of Catamarca, Raúl Jalil, highlighted Glencore mining company's request to join the Large Investment Incentive Regime (RIGI) with its Agua Rica and El Pachón copper projects. The initiative represents a key step toward consolidating the province as a major mining hub in Argentina, generating a strong economic and employment impact.

A strategic investment of more than US$13.5 billion

Glencore plans to invest a total of US$13.5 billion in both developments, which will enable the creation of thousands of direct and indirect jobs. The scale of the project makes it one of the most significant bets for Argentine mining in the coming years.

Jalil: "More investment, more development for Catamarca"

Glencore apuesta por Catamarca con una inversión millonaria en minería

The provincial leader celebrated the news on his social media, where he stated: "More investment, more development for Catamarca. We promote mining that creates more job opportunities, coordinating with communities on social and environmental oversight and economic development."

Jalil also highlighted collaboration with Economy Minister Luis Caputo and Finance Secretary Gustavo Francos in managing this progress.

Catamarca, the country's mining benchmark

The governor emphasized that joining RIGI positions Catamarca as a national benchmark in mining, driving new strategic investments that strengthen the province's competitiveness and international projection.

With Agua Rica and El Pachón underway, Catamarca is on track to consolidate its profile as one of Argentina's leading mining provinces, attracting foreign capital and fostering the creation of quality jobs.