Vicuña Reports Economic, Social and Environmental Performance for 2025

Vicuña presented its first Sustainability Report, corresponding to fiscal year 2025, with information on its economic, social and environmental performance and the progress of the Josemaría and Filo del Sol projects, located in San Juan.

The company, equally owned by BHP and Lundin Mining, reported that during the period it updated mineral resources, advanced with environmental permits and applied for membership in the Incentive Regime for Large Investments (RIGI).

Vicuña business networking roundtables connecting suppliers with contractors.

In terms of suppliers and employment, Vicuña Argentina worked with 580 companies providing goods and services, of which 60% were based in San Juan. Contractors employed 2,576 people and 80% were provincial residents. Additionally, the company had 415 direct employees at year-end; 26% were women. Overall, 73% of people hired in Argentina resided in San Juan and 5,088.5 training hours were delivered.

Economic value distributed reached US$318.2 million, while the San Juan component totaled US$63.5 million. This figure included project costs, wages and benefits, and taxes.

Female heavy machinery operators, leading mining progress in San Juan.

Social investment totaled US$1.94 million and was allocated to workforce training, supplier development and community strengthening. Programs reached 806 people, with 58% female participation.

The company also reported maintaining five community offices, where more than 9,100 inquiries were received. Concurrently, it developed dialogue initiatives, project visits and participatory environmental monitoring.

The report detailed monitoring programs for surface and groundwater, air quality, noise, soil, biodiversity and cryosphere. It also noted approval of a water strategy based on multiple supply sources, efficiency, recovery and water reuse. No fatalities were recorded during the year and there was one recordable injury across more than 3.5 million hours worked, with a TRIFR of 0.056. The document referenced GRI standards, included a double materiality assessment and underwent independent external review under limited scope.