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KGHM International Ltd. sells 100% of its shares of SCM Franke

Date Closed

April 26, 2022

Lead Office



50.00 Million USD

On May 25, 2022, KGHM International Ltd. completed the sale of 100% of its shares of SCM Franke, the owner of the Franke Mine, near Copiapó, Chile, to Minera Las Cenizas S.A., for fixed and contingent cash consideration of up to approximately US$50 million.

KGHM International Ltd. is a global leader in the extraction and processing of valuable metals.

McCarthy Tétrault advised KGHM International Ltd. with a team led by Shawn Doyle which included Peter Quon (Business) and Raj Juneja (Tax).