secwatch.observer — SEC 8-K summary
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Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0001104659-25-098399
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Los Azules FS shows $2.9B NPV, 19.8% IRR, initial capex $3.17B
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- After-tax NPV(8%) $2.9B, IRR 19.8%, payback 3.9 yrs; initial capital $3.17B at $4.35/lb Cu.
- Avg Yr 1-5 cathode production 204.8 kt/yr; LOM 148.2 kt/yr over 21 years.
- C1 cash cost $1.71/lb, AISC $2.11/lb; capital intensity $1,600/t Cu LOM.
- EIA approved Dec 2024; accepted into RIGI Sep 2025 (30-yr tax/currency stability).
- 72% lower carbon intensity than industry avg; 100% renewable power; no tailings dam; carbon-neutral by 2038.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465925098399/0001104659-25-098399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465925098399/tm2528426d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-098399

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer