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Glencore seeks incentives for US$13-billion Argentina copper mining projects

From batimes.com.ar

Glencore Plc filed applications to have two copper projects with combined capital expenditure estimated at more than US$13 billion included into Argentina’s investment incentive programme. The Switzerland-based commodities firm is seeking the tax, customs and currency exchange benefits offered under the government programme for El Pachón in San Juan Province and Agua Rica in Catamarca, the company said in a statement Monday. The programme is known as RIGI, for its Spanish acronym. Glencore joins a growing list of miners seeking access to the program in a country that was once a pariah for foreign investment because ... (full story)

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