BHP and Lundin Mining venture plans to double Argentina copper investment to 800 million dollars
Vicuna Corp aims to invest 800 million dollars in the Filo del Sol and Josemaria mines this year. The project seeks to revitalize Argentina's copper production.
Insights:
Vicuña Corp., a joint venture formed by BHP Group Limited and Lundin Mining, announced on February 9, 2026, that it could invest approximately $800 million during 2026 in the Filo del Sol and Josemaría copper projects. This planned expenditure represents a significant scale-up for the developer, as the announced 2026 figure would roughly double the $400 million spent by Vicuña Corp. in 2025. The projects are central to the development of the Vicuña District, which is recognized as one of the largest undeveloped copper resources in the world.
