Xin Hua Cai Jing·2025-12-22 02:20Core Viewpoint - Exar Mining Company, an Argentine lithium producer, has officially applied to join the Large Investment Incentive Program (RIGI) to expand its Cauchari-Olaroz lithium project in Jujuy province [1] Group 1: Company Overview - Exar Mining Company is controlled by China's Ganfeng Lithium and operates the Cauchari-Olaroz lithium mine, which is located approximately 200 kilometers west of San Salvador de Jujuy in the Andes Mountains [1] - The Cauchari-Olaroz lithium project is the highest-producing lithium mine in Argentina, with an expected output of 25,000 tons of lithium carbonate in 2024 [1] Group 2: Expansion Plans - The expansion project will utilize Direct Lithium Extraction (DLE) technology to reduce water consumption and improve extraction efficiency [1] - The company plans to increase the total capacity of the Cauchari-Olaroz lithium project to 85,000 tons [1] Group 3: Government Incentives - The Argentine government is launching the Large Investment Incentive Program in 2024, aimed at attracting domestic and foreign investments by establishing stable regulations and providing preferential policies such as tariff benefits [1]