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ARGENTINA

Jalil met with Rio Tinto executives in New York to consolidate investments

The meeting focused on the progress of the Sal de Vida project and the development of infrastructure for the mining sector

During his tour of New York, the governor of Catamarca,  Raúl Jalil, held a strategic meeting with executives from Río Tinto Lithium  to consolidate key investments in the province.

The meeting focused on the progress of the Sal de Vida project and the development of essential infrastructure for the mining sector.

Investments of USD 638 million in Catamarca

The provincial leader met with Paul Graves, CEO of Río Tinto Lithium, and Paula Uribe, director for External Affairs in Latin America of the company.  The Argentine consul general in New York,  Gerardo Díaz Bartolomé, also participated. During the conversation, they reviewed the current state of investments in Catamarca, especially in relation to the second phase of Río Tinto's investment plan.

One of the highlights was the recent formal presentation of the Sal de Vida project under the Incentive Regime for Large Investments (RIGI), which includes a capital injection of USD 638 million. This initiative reaffirms Río Tinto's vision of positioning Argentina as a strategic destination for mining investment and projects Catamarca as a global reference in lithium production.

A winding road cuts through a desert landscape with mountains in the background.
Jalil met with Rio Tinto executives in New York to consolidate investments | La Derecha Diario

Key infrastructure for mining development

During the meeting, they also addressed logistical and infrastructure issues essential to the sustainable growth of the sector. In this regard, they detailed the progress in paving Provincial Route No. 43, specifically in the section connecting Villa de Antofagasta de la Sierra with the border of the province of Salta.

This work,  partially financed with contributions from mining companies in addition to the corresponding royalties, represents an essential step to improve connectivity in key productive areas and facilitate the circulation of goods and supplies related to mining development.

Firm commitment to the energy future

Governor Jalil emphasized the importance of continuing to strengthen ties with leading companies in the sector, like Río Tinto, to promote sustainable investments, generate quality employment, and consolidate Catamarca as one of the most attractive provinces for lithium development worldwide.

➡️ Argentina

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