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On 17 January 2023, the governor of the Province of La Rioja enacted Law No. 10,608 ("Law"), declaring the study, research, prospecting, exploration, exploitation and industrialization of lithium and its derivatives to be of public interest.
The Law undertook the following measures: (i) suspended existing mining permits and concessions related to this resource for 120 days with a possible extension for the same period, with the plan to determine areas of interest ("Areas of Interest"); (ii) established the participation of the provincial company (EMSE) in all lithium-related projects; and (iii) established a preference right for provincial state-owned companies in the application for mining rights.
The declaration of termination of mining rights in the Areas of Interest may affect the acquired rights of the permits' holders. In addition, the Law does not include details on how the provincial company's participation in the projects will be implemented, nor on the preference of the provincial company to apply for mining rights in the Areas of Interest.
You can access the Spanish version here.
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