Announced
Completed
Financials
Tags
Acquisition
Minority
Completed
Single Bidder
Canada
copper mining
Copper
Cross Border
Public
Friendly
Synopsis
Mitsubishi, a general trading company, completed an $15m investment in Marimaca Copper, a Canadian exploration and development company. “We are excited to be involved in the Marimaca project, which has the potential to deliver a meaningful new supply of copper in the near term. Of particular importance to us are the sustainability credentials of the project, which we believe will be a source of very low carbon intensity copper. We look forward to working together with the Marimaca team as it moves into the next phase of studies and permitting with the hope we can fully utilise our deep experience in the Chilean copper industry to further enhance this project,” Taro Abe, Mitsubishi General Manager of Base Metals.
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