Skadden is advising JX Advanced Metals Corporation (JXAM) on its agreement to transfer 5% of its shares of SCM Minera Lumina Copper Chile to LMC Caserones SpA, as well as all project interests held by JXAM in the copper mine development project in the “Frontera” area (near the Argentina-Chile border). The total consideration for the transfer is $215 million (approximately JPY34 billion). The Skadden team includes Mitsuhiro Kamiya and Andrew Foster.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates