The Argentine government seeks to advance with the arrival of investments in the country, and the Minister of Economy, Luis Caputo, met with authorities from Posco, "one of the main global companies in steel and lithium," which will land in the northwestern region of Argentina under the RIGI (Regime of Incentive for Large Investments).
According to what the Argentine News Agency learned, the South Korean Posco became the owner of the Hombre Muerto Norte (HMN) lithium project in Argentina after acquiring NRG Metals, strengthening its position in the country and its growth strategy for an essential mineral from the Salar del Hombre Muerto.
This was through a payment of US$ 65 million, agreed upon in November 2025, allowing it to access a local company controlled by the Canadian Lithium South, which is the holder of the HMN initiative, currently in an advanced exploration phase and with the potential to produce up to 15,600 t/a of lithium carbonate equivalent (LCE).
HMN is located between the provinces of Salta and Catamarca, in the Salar del Hombre Muerto, at more than 4,000 meters above sea level, one of the areas with the greatest wealth of this key metal for the decarbonization of transport and the global energy matrix.
"Meeting with Posco, one of the main global companies in steel and lithium. More investments for the north of our country," Caputo wrote on his X account.
In this way, Argentina is advancing by exploiting the mining industry in the north of the country, generating income in one of the most dynamic sectors of the Argentine economy today, in the border region between the provinces of Salta and Catamarca.
