BHP and Lundin will request Argentina incentives, but other miners fear missing out
SAN JUAN, Argentina (Reuters) -BHP and Lundin plan to soon apply for a new Argentine investment incentives scheme for their Vicuna copper project, but other miners fear they may get left out before the program's cut-off date a year from now, executives said at a mining conference this week. Argentina's Large Investment Incentive Regime, or RIGI, which went into effect in October under President Javier Milei, offers lengthy tax breaks and access to international dispute courts for investments exceeding $200 million. Mining companies celebrated the measure as much-needed assurance to move ahead with copper projects in a volatile economy with restrictive capital controls, giving the sector its first big boost in decades.