It is becoming better known Argentina per se is NOT a mining jurisdiction, but its
provinces are. In this respect it is like some of the other major mining nations with which
investors are well acquainted. Indeed, the Federal government in Argentina has less
say in mining matters than the Federal government in Ottawa does. This does not stop
people from making sweeping statements where they conflate mining regulations with
matters such as import/export duties or foreign exchange controls which are genuine
bugbears that can be laid at the door of the national government.
In the Corporate Actions note on Rio Colorado Potash, better known as Potassio Rio
Colorado (PRC) in Argentina's Mendoza province, we note that the PRC project is not
on its first rodeo, indeed it may be on its fourth very shortly, and often the travails have
been blamed on Argentina when part of the blame lies with the province of Mendoza
and part with the policy decisions (read flip-flops) of international majors that have
wandered into the project with eyes wide shut. It has successively chewed up Rio Tinto,
Vale and now the Manzano group.
If Argentina was in the game of declaring projects to be of “national importance” then
the PRC potash project in Mendoza would be a prime candidate. The project could
convert Argentina into one of the world's top five potash producers globally, replace
imports of fertilizers and become a source of export income. It would also bring
development (and a railway) to one of the more isolated parts of the country. We would
not expect it to have any problems in gaining a RIGI status to fire up its financing.
In this review on the PRC project in Argentina, we look at the long history of the potash
project, including its travails with mining majors Rio Tinto, Vale and others. We also look
at current ownership and potential for new ownership. In addition, there's a load of
information about the fertilizer market in Argentina and the progress of another potash
project, El Ceibo of Argentina Potash.
Find the full Corporate Actions Note on Argentina’s Rio Colorado Potash in the PDF file:
https://hallgartenco.com/wp-content/uploads/2026/06/Rio_Colorado_Potash.pdf
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