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BHP, Lundin May Spend $18.1 Billion on Argentina-Chile Copper Project



February 18, 2026–Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)–Mining firms BHP and Lundin have published their preliminary economic assessment (PEA) for the Vicuna project in Argentina, demonstrating a world-class resource capable of producing more than 500,000 tonnes of copper per year. The companies could make a final investment decision as early as year-end.



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