Our firm advices Mitsui Mining & Smelting Co. Ltd. in the conditioned sale of mining lands to a related company in which Mitsui Mining & Smelting Co. Ltd. has, indirectly a minority stake jointly with Pan Pacific Copper Co. Ltd. Following the sale of lands, the local company acquiring the land will be sold, through a Share Purchase Agreement to Glencore Perú Holdings S.A.
Our firm is in charge of negotiating the land sale terms, as well as provides advice to Mitsui Mining & Smelting Co. Ltd. on the legal risks of the transaction.
The transaction is important for all parties as it will provide Glencore with important mining lands and bring greater development to the area.