Overview

• The government green-lit Galán Lithium’s $217 million Salar del Hombre Muerto project as the sixth RIGI investment, targeting annual exports above $180 million from 2029.
• RIGI’s committee rejected Ganfeng Lithium’s Mariana proposal for failing to meet the requirement of new investments within the first two years.
• Since its October 2024 launch, RIGI has backed six large-scale projects across energy, mining and manufacturing, including the first purely industrial initiative.
• Sidersa’s $300 million steel mill in San Nicolás will produce 360,000 tons of construction steel yearly and generate over 300 direct and 3,500 indirect jobs.
• Chubut has introduced a provincial “RIGI turístico” aiming to attract $9.5 billion for Trelew’s first four-star hotel, promising more than 200 local jobs.