Loan for Acquiring Equity in a Major Resources Subsidiary
Contributing to Securing the Medium to Long Term Stable Supply of Copper Resources to Japan

  • Area: Latin America and the Caribbean
  • Energy and Natural Resources

JBIC signed separate loan agreements with Mitsubishi Corporation, MITSUI & CO., LTD., and a wholly owned subsidiary of MITSUI & CO., LTD. The loans will provide the necessary funds for Mitsubishi Corporation and MITSUI & CO., LTD. to acquire equity in Anglo American Sur S.A., a wholly owned Chilean subsidiary of the major British mining company Anglo American plc. with a substantial portfolio of copper assets in Chile, and also to acquire offtake rights for copper concentrates etc. The stronger cooperative relationship and strategic ties with major mining companies resulting from this are also highly significant for Japan's securing a medium to long term supply of copper concentrates.

Back to Top