Company name
Posco Argentina S.A.U.
Project number
15825-01
Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.
E&S category
A
Country
Argentina
Sector
Manufacturing
Status
Proposed
Disclosed date
06/03/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
08/04/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
USD $ 450,000,000
Financing amount
USD $ 250,000,000
Currency
USD
Project scope and objective
The proposed investment consists of a short-term revolving credit facility of up to US$700 million for POSCO Argentina S.A.U. The facility will include a Tranche A of up to US$250 million from IDB Invest and a Tranche B of up to US$450 million from commercial banks. This investment will support the development, start-up, and gradual ramp-up of production at Sal de Oro project, located in the Salar del Hombre Muerto, in the provinces of Salta and Catamarca, Argentina.
The initiative includes a plant with an estimated capacity of up to 25,000 tons per year of lithium hydroxide and another with an estimated capacity of up to 23,000 tons per year of lithium carbonate.
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Client files
This section provides the key environmental and social assessment documents produced by the client for this project.
RESUMEN EJECUTIVO EIA CP1 - DOWNSTREAM
215.0 Kb
INFORME DE IMPACTO AMBIENTAL - RESUMEN EJECUTIVO CP2
378.9 Kb
RESUMEN EJECUTIVO CP1 UPSTREAM
225.3 Kb
RESUMEN IMPACTOS ACUMULATIVOS (RCIA)
30.7 Kb
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Contact information
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Client Contact
PHONE NUMBER
+54
POST OFFICE ADDRESS
RP28 s/n, La Almudena, Manzana 937 A, Casa 10, Ciudad de Salta, Salta, Argentina
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
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Early disclosure
For projects with high environmental or social risk an Environmental and Social Strategy (ESS) is prepared early on during the project appraisal and prior to carrying out the environmental and social due diligence (ESDD). The ESS includes the initial E&S risk categorization and a brief description of potential Performance Standards applicable to the project. The ESS for this project is available below. Together with the ESS, IDB Invest also provides access to the client’s preliminary E&S documents that will be reviewed during the ESDD. The client E&S documents for this project can be found under the “CLIENT FILES” section below. Once the environmental and social due diligence is completed, an Environmental and Social Review Summary (ESRS) for the Project will be published on this page.
SAL DE ORO POSCO - CLASIFICACION Y ESTRATEGIA AMBIENTAL Y SOCIAL (EAS O ESS 02 JUN 2026)
215.0 Kb