Overview
- Vicuña reports provincial approval of an updated Environmental Impact Declaration for the combined Josemaria–Filo del Sol development in San Juan.
- Roughly US$790–800 million has been invested to date as part of a planned US$18 billion buildout, with an initial stage estimated at about US$7 billion.
- Lundin Mining says it expanded its credit facility to US$4.5 billion to cover its share of the first phase while the partners evaluate additional financing options.
- The company is seeking to operate under the RIGI framework and is negotiating a long‑term investment and royalty‑stability pact with San Juan after meetings with President Javier Milei.
- Leaders target a year‑end investment decision and first production around 2030, citing early works such as a 500 kV transmission line and growing local jobs and supplier engagement.