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Argentina approves $2.5B Rio Tinto lithium mine, boosting foreign investment and meeting global EV demands.
Argentina has approved Rio Tinto's $2.5 billion lithium mining project in Salta province, marking the first approval under the country's RIGI investment program.
This move aims to boost foreign currency inflows and economic stability.
Meanwhile, Europe seeks to enhance its EV competitiveness by building a stronger lithium-ion battery supply chain, highlighting the global demand for lithium.
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Argentina aprueba la mina de litio de $ 2.5B de Rio Tinto, impulsando la inversión extranjera y satisfaciendo la demanda mundial de EV.