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Posted On: 08/27/2024 4:57:56 PM
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NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chooses YPF Luz to Provide 100% Renewable Energy for Los Azules Project
McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has reached an agreement with YPF Energía Eléctrica S.A. (YPF Luz). The agreement is for YPF Luz to power McEwen Copper Inc.’s large Los Azules copper project with renewable energy. According to the announcement, the agreement covers the supply of renewable energy through a high-voltage transmission line; YPF Luz will be responsible for the development and financing of the line. An Argentine company, YPF Luz is a leader in power generation that has been in operation since 2013.
“Los Azules will play a critical role for Argentina and the world by significantly contributing to decarbonization,” said McEwen Copper vice president Michael Meding in the press release. “The geological potential of the project will position San Juan on the international map of resources for the energy transition, and in this context, YPF Luz is a strategic ally to help us achieve our goal of being 100% renewable.”
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://nnw.fm/MUX
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has reached an agreement with YPF Energía Eléctrica S.A. (YPF Luz). The agreement is for YPF Luz to power McEwen Copper Inc.’s large Los Azules copper project with renewable energy. According to the announcement, the agreement covers the supply of renewable energy through a high-voltage transmission line; YPF Luz will be responsible for the development and financing of the line. An Argentine company, YPF Luz is a leader in power generation that has been in operation since 2013.
“Los Azules will play a critical role for Argentina and the world by significantly contributing to decarbonization,” said McEwen Copper vice president Michael Meding in the press release. “The geological potential of the project will position San Juan on the international map of resources for the energy transition, and in this context, YPF Luz is a strategic ally to help us achieve our goal of being 100% renewable.”
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://nnw.fm/MUX
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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