The government of Mendoza has taken over the Potasio Río Colorado mine and is looking for a partner

The government of Mendoza signed the transfer to the province of the Potasio Rio Colorado mine that was in the hands of the Brazilian mining company Vale and is once again offering it to foreign investors. The potassium salts mine for fertilizers, located in Malargüe, had been paralyzed since 2013 when 6 thousand jobs lost. The Mendoza government assures that it has been an achievement to keep the mine and its assets, calculated at $250 million; plus $30 million in a company bank account to carry out maintenance of the property until a partner is found.

Source: Clarín