Despegue ← Projects Proyecto RIGI
The 31 projectsPROJECT ▾
Neuquén
YPF 'LLL Oil' (shale-oil mega-development)Pluspetrol - Bajo del Choique / La InvernadaTecpetrol - Los Toldos II EstePampa Energía - Rincón de ArandaTGS - Natural gas liquids (NGL) project, Tratayén - Bahía BlancaAmpliación Mega - natural gas liquids (NGL)
San Juan
Vicuña (Josemaría + Filo del Sol) — copper, gold and silverEl Pachón - copper, silver and molybdenum (Glencore)Los Azules — copper cathodes (McEwen Copper)Gualcamayo — Deep Carbonates (DCP): gold and silver (Minas Argentinas)Leaching Phases 8 and 9 expansion — Veladero Mine (gold)
Catamarca
Agua Rica / MARA — copper, gold, silver and molybdenum (Glencore)Salar Tres Quebradas (3Q), stage 2 — lithium carbonate (LIEX/Zijin)Fénix — Phase 1B Expansion: lithium carbonate (Minera del Altiplano / Rio Tinto)Hombre Muerto Oeste (HMW) — lithium carbonate (Galan)
Río Negro
Argentina LNG (YPF, Eni and XRG)Southern Energy - floating LNG (Argentina LNG, Hilli phase)Vaca Muerta Oleoducto Sur (VMOS)San Matías Gas Pipeline (San Matías Pipeline S.A.) - evacuation of Vaca Muerta gas to the Atlantic
Salta
Pozuelos-Pastos Grandes (PPG)Rincón Project — lithium carbonate (Rio Tinto)Diablillos — gold and silver (Salta/Catamarca)Sal de Oro II — lithium carbonate (POSCO)
Buenos Aires
Fértil Pampa — urea and ammonia plant in Bahía BlancaSidersa Argentine Steel Project — long steel productsOlavarría Wind Farm (P.E. Olavarría) — wind generation (GEAR I / PCR + ArcelorMittal Acindar)
Mendoza
PSJ Cobre Mendocino (San Jorge) — copper and goldEl Quemado Solar Park and Annexes — photovoltaic generation (Luz del Campo SA / YPF Luz)
Jujuy
Cauchari-Olaroz Expansion — lithium carbonate (Exar)
La Pampa
Perito Moreno Gas Pipeline expansion (ex-GPNK) - TGS
Santa Fe
Timbúes Multipurpose Terminal — port infrastructure (Terminal Timbúes SA)
ESEN
up to date · reviewed Oct 16, 2026
Mining - Lithium (battery-grade carbonate)/Salta
approved

Rincón Project — lithium carbonate (Rio Tinto)

total investment in the act
2.744USD M
operator
Rincón Mining PTY LTD. Argentina Branch
approving act
Resolución 735/2025
what it will need
2procurement fronts

The largest total investment among the lithium projects approved under the RIGI: Rio Tinto is building a 53,000 tpa plant at the Salar de Rincón using DLE (nanofiltration).

Summary
share among the 24 approved RIGI projectstotal USD 42,134 M
Rincón Project6.5%
the other 23USD 39,390 M
what stage it is atunder construction verif Jun 30, 2026 ↗

How to supply it

what we have for a supplier, and how to request it

What we have on this project for a supplier

How to get in
3 registration routes, with their status · 4 requirements with the rule that sets each one · 4 steps in order, with their timing

Who decides the purchase, who you invoice and where a new supplier registers.

What it buys and when
2 phases, with what each one buys · 2 happening now

Which lines each phase buys and when the window opens for each one.

What it is missing
2 services it will need and has no supplier for yet

Which they are, why it will need them and who could provide them.

All of this is surveyed and verified against its source. Crossed with what you sell —which of them your products suit, how to reach it and when— it is in your company report. Request the report

Does your company fit into Rincón Project?

We cross what you manufacture or do against the 2 phases of this project and tell you which ones you fit into and when each one buys. Two pages, with the evidence behind them.

Where my company can get in

The project

what it is, the route, the owners, the works and the contractors

Who owns it

Rincón Mining PTY LTD. Argentina Branch (CUIT 30-70708643-9; Rio Tinto subsidiary) verif Jun 3, 2025 ↗

The works, milestone by milestone

Apr 14, 2026supplier round

CAPEMISA holds a new business meeting at Casa Minera between Salta suppliers and Rio Tinto: suppliers present their services and learn about the technical and operating requirements of the Rincón project.

Dec 9, 2025loan

IDB Invest approves a USD 100,000,000 loan for the project (9 December 2025); the contract is signed on 10 March 2026.

Sep 26, 2025lender review

The IFC discloses the project's environmental and social review summary, with the operating headcount (~460 workers from 2029), the construction peak (4,200) and the permanent electrical infrastructure (two 23 km, 33 kV lines).

Aug 28, 2025agreement number

The province announces the three local mining-procurement measures and puts a number on the Rio Tinto agreement: Resolución N° 97/25. The other two are the agreement with CAPEMISA, which lets it file observations on registrations, and the IT system that cross-checks the list of suppliers present at the mine against the Registry.

Aug 5, 2025procurement agreement

Salta's Secretaría de Minería y Energía, CAPEMISA and Rincón Mining Pty Ltd, a Rio Tinto subsidiary, sign a collaboration agreement on the project's procurement: the company undertakes to share its contracting plans, to give advance notice of tender processes and to give feedback to suppliers so they can improve; the chamber provides contact with its members and the parties work together on monitoring.

Dec 12, 2024expansion approved

Rio Tinto's board approves USD 2,500 M to expand the project to 60,000 t/year of battery grade lithium carbonate, with a 40-year mine life, construction of the expanded plant starting mid-2025 subject to permitting, and first production expected in 2028 with a three-year ramp-up.

Nov 2024first lithium

First lithium production at the 3,000 t/year starter plant. Full commissioning and ramp-up continued afterwards, with project completion expected in the first quarter of 2025.

What it leaves in Salta

jobs, works, taxes, promises and the outlook

How many jobs it creates

In construction

about 4,200 workers at peak construction: 1,400 direct, 1,300 temporary and 1,500 third-party, plus 225 to run the 3,000 t/yr pilot plant workers at the PEAK of construction, broken down into direct, temporary and third-party prob Sep 26, 2025 ↗

In operation

approximately 460 workers from 2029 steady-state operating headcount; the document does not separate direct from indirect prob 2029 ↗

The place where it is built

Los Andes, Salta, before the RIGI: the official snapshot of November 2023, counting the people who live there.

Registered jobs held by people who live there

2,071 jobs in November 2023, 32% of them in public administration verif Nov 2023 ↗

Miners and construction workers who live there

933 jobs: 590 in mining and 343 in construction verif Nov 2023 ↗

Miners who live there, 2018 versus 2023

from 345 to 590 jobs verif Nov 2023 ↗

Lodging businesses with employees in the department

2 in 2022 verif 2022 ↗

Mining wage versus public-sector wage

1.3 times estim Nov 2023

The works versus the place

2.0 times all registered jobs in the department and 4.5 times its miners and construction workers estim Nov 2023

The works that stay behind

The infrastructure that stays standing once the works end, with its size and its source.

Two 33 kV overhead power lines built to feed the plant at the Salar de Rincón

Power
2

lines of 23 km each (46 km of route in total), 33 kV

The project's own operation over the 40-year life declared. ⚠️ Neither source says it supplies Olacapato or any third party, and no such claim is made here: what remains is the route and the installed capacity in a part of the Puna that had neither.

Both lender reviews describe the electrical infrastructure the same way: « overhead transmission lines ('OHTL', two 23 km, 33 kV lines) » in the IFC's environmental and social summary, and « power transmission lines (two 23 km, 33 kV lines) » in IDB Invest's project record.

Pending · 2 blocks
  • What it already pays in taxes and royalties — We have not broken down this project’s local fiscal contribution: the primary source that sets each item still has to be opened, and an act of the State is not published on press backing.
  • Who promised what — We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.

What could stall it

risks and how to track them
Pending · 2 blocks
  • What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
  • How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.

How we verified this

the act, the gaps and the sources

The RIGI act, in detail

Administrative file number

EX-2025-20445333-APN-SCEYM#MEC verif Jun 3, 2025 ↗

Accession date

May 19, 2025 verif Jun 3, 2025 ↗

The act’s articles, in detail

2 facts on the commitment
Deadline for the commitment

30 June 2029 to complete the minimum investment amount. verif Jun 30, 2029 ↗

Vehículo de Proyecto Único

Rincón Mining PTY LTD. Sucursal Argentina, tax ID 30-70708643-9, registered at Manuela Sáenz 323, Apartment 613, Buenos Aires City. verif Jun 3, 2025 ↗

What we could not confirm

There are 3 in this project. Each says why it could not be confirmed and what it would take to close it.

H-01Who holds a contract on the Rincón works+

None of the open sources names a single contractor. The IFC review summary mentions them in the abstract — « Project contractors and sub-contractors are required to implement those portions of the borrower's ESMS that fall within their scope of work » — and lists none; neither the operator nor the province has published any award. It is the largest RIGI work in Salta and its contracting chain is not public. || Searched again on 6 September 2026 with two further searches, and the zero repeats: no contractor's corporate name has been published. What is published for the period is the financing —a USD 1,175 million package from international lenders announced in March 2026 against an estimated project cost of some USD 2,500 million— and the construction status, with the starter plant already operating and first production from the large plant expected in 2028. Both are already on this profile with their primary source: the financing, in the project status, and the construction status, both read in Rio Tinto's half-year report.

What would close itAn award published by Rio Tinto, or the contracting plan that the agreement under Resolución 97/25 requires it to hand to the Secretaría de Minería and to CAPEMISA.
H-02The local-purchase percentage that governs this project+

This is a gap that CANNOT BE CLOSED through documents, and saying so spares the next pass: the stage-by-stage progressive percentage lives in the agreement approved by Resolución 97/25, and that resolution is not published in Salta's official gazette — the search was exhausted by number, by notices and by subject in the August 2026 pass. The other place where art. 20 of Ley 8164 sets a progressive 40-to-70% system is the environmental approval, and Rincón's environmental impact declaration is not published either. ⚠️ A figure also circulates claiming Salta contracting rose from close to 30% to between 35% and 40%: it is not recorded here because no source supporting it could be opened.

What would close itThe text of the agreement or the resolution obtained through a freedom-of-information request, or a compliance report on the progressive plan published by the Secretaría de Minería.
H-03The project's final capacity: the act and the lender do not say the same thing+

The sources do not agree and the difference has an arithmetic explanation, but no document writes it down. The IFC summary says « two production plants (stages 1 and 2) of 25 thousand tonnes per year (ktpa) each, with a final production capacity of 50 ktpa »; Resolución 735/2025 declares 53,000 t/yr with potential for 60,000; and the province's official release on the environmental impact declaration spoke of 50,000. The two new commercial plants add up to 50,000, and the figure in the act adds the small 3,000 t/yr plant already running: 25 + 25 + 3 = 53. That is OUR reconciliation, not a quotation, and so it is not published as fact.

What would close itA document from the owner or the authority stating in so many words whether the declared capacity includes the 3,000 t/yr pilot plant or not.
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Ignacio Aredez
Analysis and curation: Ignacio Aredez
Head of Despegue
Method and track record →
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  • Machine Learning (Google Cloud)
  • Registered expert with the European Commission
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This is not financial advice. The page is built on the act that approved the project and the source of every figure, with the gaps declared. What the company announces is published as an announcement, and what is our own reading is labeled as thesis. ← Back to Salta