Core Viewpoint - Swiss mining giant Glencore announced the restart of the Alumbrera copper mine project in Argentina, aiming to resume production by mid-2028 after a decade-long hiatus in large-scale copper mining in the country [1] Group 1: Project Details - The Alumbrera copper mine, located in Catamarca province, is expected to produce 75,000 tons of copper, 317,000 ounces of gold, and 1,000 tons of molybdenum upon completion [1] - The project had previously operated for 20 years until 2018, marking a significant return to copper mining in Argentina [1] Group 2: Current Mining Landscape - Currently, the only operational copper project in Argentina is the Martin Brown project in Jujuy province, which has a production capacity of only 1,500 tons per month [1] Group 3: Investment and Collaboration - Glencore's MARA and El Pachón copper projects have submitted applications to join the Large Investment Incentive Regime (RIGI), with a total investment amount of approximately $13.5 billion [1] - The restart of the Alumbrera project is intended to share infrastructure with the MARA project, enhancing collaborative production efficiency, with MARA expected to produce 200,000 tons of copper concentrate annually once operational [1]