Argentina approves McEwen's $2.7 billion copper project for tax break program

McEwen

26/09/2025 15:19

BUENOS AIRES, Sept 26 (Reuters) - Argentina has approved Canadian miner McEwen Copper's $2.7 billion Los Azules copper project in the country for a tax break program known as the Large Investment Incentive Regime (RIGI), the nation's economy minister said on Friday.

The project is set to contribute $1.1 billion in exports a year, Economy Minister Luis Caputo said in a post on X. McEwen Copper is a subsidiary of McEwen Mining MUX.TO.

 (Reporting by Lucila Sigal; Editing by Sarah Morland)

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