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Hombre Muerto Oeste is a lithium brine project on the western side of the Hombre Muerto salar in Catamarca province, held by Galán Litio SA, the Argentine subsidiary of ASX-listed Galán Lithium (100% ownership). The Ministry of Economy's Secretaría de Minería evaluated the project against RIGI's qualifying-investment and sectoral criteria under Law 27.742 and its implementing decree, and Resolution 1271/2025 formally admits the project to the regime.
RIGI adhesion grants a 30-year window of tax, customs and foreign-exchange stability: a reduced corporate income tax rate, accelerated depreciation, duty-free import of capital goods and inputs on an approved list, and phased access to FX markets for dividend repatriation and debt service (tied to investment-completion milestones under the Central Bank's incentive schedule). In return Galán commits to reaching 40% of the declared USD 380 million investment within two years of adhesion and the full amount by 31 December 2029, targeting 12,000 t/y LCE capacity.
since the regime's 2024 launch, reinforcing Argentina's lithium triangle as a RIGI-anchored Western-aligned supply source alongside Chile's state-controlled model and China's downstream refining dominance.
which downstream suppliers (drilling rigs, evaporation-pond infrastructure, DLE equipment vendors) can reference for RIGI-linked procurement.
concrete milestone to track for whether RIGI-approved lithium capacity actually reaches production, versus adhesion alone.
depressed global lithium carbonate prices through 2025-2026.
import-goods list) alter the scope of duty-free treatment — check for amendments before treating this as final.