Mitsubishi Corporation received advice from Mayer Brown about the closing of its purchase of a 30% stake in Hudbay Minerals Inc.’s US Copper World copper mine project (TSX, NYSE: HBM). The $420 million price for the equity interest and the $180 million matching contribution, which will go toward development expenses, made up the $600 million total consideration.
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Mayer Brown advises Mitsubishi Corporation on closing of $600 million strategic investment in “Copper World” Joint Venture with Hudbay Minerals Inc.
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