Lithium Argentina (LAR) announced that the expansion of the Cauchari-Olaroz lithium brine operation under Argentina’s Large Investment Incentive Regime, or RIGI, has obtained the approval of the Evaluation Committee. “Securing RIGI approval is an important milestone in de-risking the Stage 2 expansion at Cauchari-Olaroz,” said Sam Pigott, CEO of Lithium Argentina. Under the regime, the expansion requires a minimum investment commitment of $200M in accountable assets, with at least $80M deployed within the first two years from approval.
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