Argentine SMEs demand RIGI-like benefits as domestic market declines
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Rio Tinto has become Argentina's leading lithium producer with a $1.4 billion investment under the RIGI incentive regime, channeling 70% of purchases through local suppliers. The operation in the Puna region faces environmental challenges, balancing economic development with ecological impact. The development signals a major foreign investment in Argentina's lithium sector, with implications for global supply chains and local communities.
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