McEwen Copper Inc. announces approval of Los Azules project to participate in Argentina’s Large Investment Incentive Regime (RIGI), with an investment of US $2.672 billion. The project aims to produce high-purity copper cathodes, generating over US $30 billion in export revenues. The RIGI provides legal, fiscal, and customs stability for 30 years, including tax incentives and streamlined procedures. With the approval, McEwen Copper plans to begin construction, continuing exploration efforts to extend the resource’s size and life. The company’s goal is to be a leader in sustainable mining and drive economic development in San Juan and Argentina.

Read more at GlobeNewswire: McEwen Copper’s Los Azules Joins Argentina’s Large