Vicuña Argentina S.A. submitted its application to join the Large Investment Incentive Regime (RIGI) under the PEELP (Long-Term Strategic Export Projects) category for the joint incorporation of the Josemaría and Filo del Sol deposits, collectively referred to as the “Vicuña Project.”
December 11, 2025. The application to the RIGI PEELP seeks to support a multi-decade, phased investment in Argentina, with the capacity to contribute to economic development, employment, and the strengthening of the country’s mining value chain, particularly in the province of San Juan in the coming years.
Ron Hochstein, CEO of Vicuña, stated: “Our application to the RIGI reflects both the magnitude of the investment required for the Vicuña Project and our confidence in Argentina as a long-term partner. We value ongoing collaboration with our stakeholders and with the federal and provincial governments; we believe that the RIGI offers a stable framework that supports responsible development and shared economic benefits.”
The RIGI provides incentives to attract and accelerate large-scale investments through long-term fiscal stability and transparent regulatory conditions. It offers a competitive framework that includes reduced income tax rates and withholding taxes, exemption from import duties, an improved VAT regime, stability for 40 years from the start of operations, and access to international arbitration in the event of disputes.
The Vicuña Project is a copper, gold, and silver development asset that integrates the Josemaría and Filo del Sol deposits in the Andes mountain range, in the province of San Juan, on the border with Chile. Although Vicuña is a binational project, all investments under the RIGI are made within Argentina.
Vicuña continues to make progress in engineering and technical studies, with the goal of publishing an integrated technical report during the first quarter of 2026.
About Vicuña
Vicuña Corp. is a joint venture between BHP and Lundin Mining formed to develop the Josemaría deposit, an advanced copper project located in the province of San Juan, Argentina, and the Filo del Sol copper, gold, and silver deposit located in San Juan, Argentina, and the adjacent Region III, Chile.
More information at: www.vicuna.com
Press contact: Caterina Dzugala
Director of Communications at Vicuña Corp.
