The Lundin mining group will invest 4.2 billion dollars in Argentina
The Toronto-based Lundin mining group will invest a total of $4.2 billion dollars for the development of a copper, gold and silver project in the Argentine province of San Juan (west of the country), through the “Josemaría project” - according to official sources reported this Thursday.
According to an official statement, this investment will be divided into three phases: with the first tranche of $3.1 billion dollars until 2025, during construction of the project.
This initiative will operate from 2026 and is expected to last 19 years - during which time net exports worth $1.7 billion will be generated annually, according to official estimates.
The investment was announced after a meeting between Argentine President Alberto Fernández, and Josemaría CEO Adam Lundin - a meeting at the Casa Rosada also attended by Economy Minister Martín Guzmán and the Minister of Productive Development, Matías Kulfas.
“Argentina has enormous potential. We are very excited about this project because copper is needed to be able to electrify the entire planet and Josemaría has the potential to be one of the great green projects,” Adam Lundin said.
At: https://marketresearchtelecast.com/the-lundin-mining-group-will-invest-4-2-billion-dollars-in-argentina/200495/
Adam, Lukas, Harry and Jack Lundin in San Juan Province, Argentina.
Canada's Lundin mining group announced a record $4.2 billion, 19-year investment in the country's mining sector - which has grown to over $4 billion in exports this year.
"Copper is central to the coming green revolution," Production Minister Matías Kulfas added.
"Electric vehicles use 5 or 6 times more copper than conventional vehicles, so this is a very important investment for Argentina."
= new reply since forum marked as read
I recall you posted an article recently concerning Argentina, through President Fernández will also be engaging in new lithium production, as well. All of this will set up employment for the population far into the future. Totally new revenue sources.
Chile's Chuquicamata used its merciless world's largest copper mine to rape the country and wildly abuse its workers, over so many decades. You remember learning Che Guevara, passing through the area right after medical school was stunned and sickened after meeting some of the workers during his motorcycle odyssey.
Satellite view
Whoever expected to learn Chuquicamata has its own cemetery?
Having a person of conscience as Argentina's President couldn't be more valuable during this transition. He has been so busy straightening up the catastrophe of the previous fascist, greedy bully's one term. It's a miracle his administration was also pulling this vision together and creating the foundation for the future.
Amazing! Astonishing. Very best hope and wishes for Argentina's future, and bless the voters for securing the right man for the job at exactly the right time.
Thank you, peppertree! 
We'll see in mid-term elections this Sunday whether Fernández's efforts are being appreciated or not.
The first round was not encouraging - though a higher-than-average abstention suggests, in the polling, that those who stayed home are largely pro-Fernández voters. And they might just show up on Sunday.
But will they? Stay tuned.
Have a great weekend in the meantime.