The Canadian company rang the Toronto exchange's opening bell on July 10, with Mendoza Governor Alfredo Cornejo and provincial minister Jimena Latorre present. Its shares have traded since June at C$0.30. It controls 146,700 hectares across 26 projects in the Malargüe Western district, with Las Estrellas as its flagship.
Minister Jimena Latorre chaired the council's first meeting, completing the province's mining-authority architecture, days after the Don Luis y Otro lithium exploration cleared legislative ratification
With the Vicuña copper-gold project alone projecting up to 15,000 construction workers, the country faces a paradox: never has the opportunity been larger, and never has filling the roles been harder
The new public-private body — modeled on existing frameworks for copper and lithium — was unveiled by Secretary General of the Presidency Karina Milei alongside six provincial governors at the San Juan Mining Expo
The installation of 100% of the park's main equipment is complete, a key milestone that includes more than 500,000 solar panels. The remaining tasks focus on wiring the modules, inverters, and transformer substations.
With Veladero and Diablillos, the sector now accounts for six of the 12 projects approved under the regime. The pending pipeline — led by Glencore with $13.5 billion in copper projects — suggests that share will grow even further.
The new development, located in Luján de Cuyo and carried out by Genneia, required an investment of $160 million and adds 180 MW of installed capacity.
The province has identified areas of significant thickness and thermal maturity within the “Mendoza tongue” of the formation.
During 2025, the company divested approximately 55 mature areas across eight provinces. Quintana Energy, Terra Ignis, Bentia Energy, TSB, PECOM, Petróleos Sudamericanos, Crown Point and PCR are among the new operators.
It began early operations with 140 MW online. The project involved a $180 million investment and features 400,000 solar panels. The electricity generated will be integrated into the Mercado a Término de Energía Renovable (MATER).
The agreement covers construction of the San Jorge 220/33-kilovolt transformer station and a new 220-kilovolt transmission line linking it to the Mendoza Norte station, accelerating project construction and supporting development in Uspallata and the surrounding area.
