McEwen Copper Sees $1.1B Funding Interest for Los Azules Buildout

McEwen Copper's VP and General Manager, Michael Meding, discusses the Los Azules project in Argentina and its preferential fiscal and legal regime (RIGI), designed to incentivize infrastructure development by offering 30-year tax, foreign exchange, and export stability. Meding highlights the potential for significant financing packages, combining 30-40% equity with debt from export credit and development agencies. He notes substantial interest from potential investors and letters of interest for over $1 billion in financing. An IPO is planned for Q1 or Q2 of 2026, and Meding also addresses Argentina's evolving mining sector, emphasizing the importance of clear regulations, especially regarding glacier laws, to secure long-term investments and responsible resource management.