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San Juan Advances RIGI Applications for $17B Vicuña and $2.7B Los Azules Copper Projects

San Juan is finalizing environmental approvals, drafting a Mining Suppliers Law to secure local content, with BHP-Lundin’s Vicuña and McEwen Copper’s Los Azules formalizing RIGI applications.

Overview

  • Vicuña, the BHP-Lundin Mining joint venture, is wrapping up technical and environmental approvals for its $15–17 billion Josemaría and Filo del Sol phases ahead of its RIGI submission
  • McEwen Copper unified its Los Azules RIGI application at $2.672 billion, funding feasibility studies and early works with studies due in the coming months and a final investment decision expected next year
  • San Juan’s government is advancing a Mining Suppliers Law to clamp down on phantom domiciles and guarantee mega-mine contracts flow to genuine local businesses
  • Vicuña’s environmental plan features a multifuente water management system combining new wells with Pacific desalination and targeting 73% reuse of process water to mitigate scarcity
  • The twin projects aim to revive Argentina’s copper exports, generate thousands of construction and long-term jobs, and reposition the country in the global energy-transition metals market