Argentina Approves Major Copper Mining Project
McEwen Copper will invest US$2.67 billion in the Los Azules project in the Andes through the RIGI large investor incentive scheme.
President Javier Milei's government has approved the project via the RIGI scheme, which offers benefits for 30 years for foreign investors.
- Location: Los Azules, Calingasta Department, San Juan Province, Andes mountain range
- Distance: 80 kilometres west-northwest of Calingasta town, 6 kilometres from the Chilean border
- Investment: US$2.67 billion
No comment from McEwen Copper or the government is provided.
Author's summary: Argentina invests $2.67 billion in copper mining.