A $5.25 billion copper mine wants state-backed tax breaks.

Argentina is courting foreign capital under President Javier Milei to become a bigger copper supplier.

Taca Taca is one of the world’s largest undeveloped copper projects, and copper traded at $14,470 a tonne in September, up 6.8% in 3 months.

First Quantum applies to the large-investment incentive regime before year-end, Foreign Minister Pablo Quirno said.

How each outlet framed it
Reuters
emphasises the $5.25bn size and Milei's RIGI tax-break push, framing Taca Taca as part of Argentina's copper-supplier ambition

Sources: Reuters