Overview
- The Economy Ministry’s Resolution 562/2026, published Monday, formally admitted the Salta–Catamarca project into the large‑investment regime.
- Official paperwork records computable assets of $481.7 million, while government and company communications cite a broader total cost near $764 million.
- The approval triggers tax breaks, special import franchises and foreign‑exchange benefits, and it instructs ARCA and the central bank to put the measures in place.
- The plan sets construction for July 2026 and the start of operations for July 2029, with $352.4 million slated for the first two years and a final investment deadline of November 30, 2027.
- AbraSilver, through its Argentine vehicle Pacific Rim, expects about 2,013 direct and indirect jobs and commits to 55% local sourcing, as the environmental review and public hearings move forward.