Announced
Completed
Financials
Tags
Single Bidder
Friendly
copper mining
Chile
Copper
Cross Border
Minority
Private
Infrastructure
Acquisition
Completed
Synopsis
Mitsubishi Materials, a manufacturer of cement products, copper and aluminum products, completed the acquisition of a 30% stake in Mantoverde Copper mine, a mine located in the Atacama region of northern Chile, from Mantos Copper, a mining company, for $263m. “This transaction is a step forward in Mantos Copper’s strategy to expand and extend the life of our high-quality copper assets while lowering its position in the cost curve," John MacKenzie, Mantos Chairman.
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