BHP–Lundin JV Vicuña may double 2026 spend on Argentina copper district

BHP and Lundin Mining’s joint venture Vicuña indicated it could double 2026 investment to around $800 million to advance major copper projects in Argentina’s Andes. The district is positioned as a globally significant undeveloped copper-gold-silver resource base, and the spending signals continued momentum for long-lead copper supply development amid strong electrification-driven demand expectations.