
Sixth-ranked Argentina had lost to their South American rivals in a full set preliminary match, but they edged powerhouse Brazil to win 25-23, 20-25, 20-25, 25-17, 15-13 in the bronze match.
Outside hitter Facundo Conte led the way, scoring 21 points, while four other teammates, including Agustin Loser and Bruno Lima, finished in double figures.
Argentina, who had made it to the semifinals for the first time since 2000, recovered their rhythm from their disappointing straight set loss to France on Thursday, with consistent attacks and powerful blocks.
Argentina also won the bronze at the Seoul 1988 Olympics.
The Russian Olympic Committee (ROC) and France are competing in the final later today.