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Uruguay considers relocating HIF Global's green hydrogen megaplant to ease tensions with Argentina

News from Latin America and Mercosur [Unofficial] April 9, 2026
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Uruguay's government is considering relocating within the department of Paysandú the synthetic fuels plant planned by multinational HIF Global, in an effort to simultaneously defuse diplomatic tensions with Argentina and advance what would be the largest private investment in the country's history, estimated at $5.385 billion in its final phase.

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