IFC Partners with McEwen Copper to Advance ESG Standards for Argentina's Los Azules Project

The International Finance Corporation (IFC), part of the World Bank Group, has partnered with McEwen Copper Inc. to align the Los Azules copper project in Argentina with IFC’s environmental, social, and governance (ESG) standards. Los Azules, located in San Juan province, is one of the world's largest undeveloped copper deposits and has received Environmental Impact Declaration approval, with a feasibility study expected by October 2025. The collaboration aims to embed IFC’s Performance Standards throughout the project to ensure responsible resource use, community benefits, and governance transparency, thereby de-risking the project and making it attractive to international investors. McEwen Copper has also applied for Argentina's Large Investment Incentive Regime to support the project’s financing and development. Upon completion of engineering studies and securing financing, construction could commence, potentially transforming Argentina’s mining sector and regional economy. This partnership highlights a commitment to sustainable mining practices aligned with global ESG criteria to promote economic growth and social development in the region.