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McEwen Copper Signs IFC Pact to Align Los Azules Project With ESG Standards for Financing
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McEwen Copper Signs IFC Pact to Align Los Azules Project With ESG Standards for Financing
Sep 24, 2025 4:19 AM

06:46 AM EDT, 09/24/2025 (MT Newswires) -- McEwen (MUX.TO) Wednesday said its subsidiary McEwen Copper signed a collaboration agreement with the International Finance Corp., a member of the World Bank Group, to support aligning the Los Azules copper project in Argentina with IFC's environmental, social and governance standards for potential debt and equity financing.

Los Azules can start construction upon completion of final engineering and securing of financing.

The project has secured Environmental Impact Declaration approval, and a feasibility study is expected to be completed by October. McEwen Copper has also applied for Argentina's Large Investment Incentive Regime.

The agreement emphasizes integrating IFC's performance standards on environmental and social sustainability into Los Azules' development. This would de-risk the project and align it with the criteria required for international investors.

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