KGHM International Ltd. sells 100% of its shares of SCM Franke
April 26, 2022
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).