BHP, Rio Advance Projects in Boost to Argentina Mining Ambitions

The Vicuña joint venture between Australia’s BHP Group and Canada’s Lundin Mining Corp.

Source: Vicuna

Argentina’s push to become a major producer of critical minerals got a boost this week as the world’s two biggest miners advanced plans in the country.

A BHP Group venture submitted an application to join Argentina’s investment incentives program for a project in an area it hopes will be the next major production hub for copper. At the same time, Rio Tinto Group’s new boss Simon Trott was in Buenos Aires meeting with World Bank officials to help fund a lithium project.