Oxygen-free Copper Market - Top Companies and Manufacturers

In the News

• Mitsubishi Materials Corporation declared in February 2020 that they have made a deal to acquire a 20% stake in Mantos Copper Holding SpA’s copper mine in Mantoverde and is also going to be a part of the Mantoverde Development Project. After the acquisition, Mitsubishi Materials Corporation would invest USD 263 million in return for a 30% stake. The company will get the materials generated as copper concentrate and will have the right to offtake thirty percent of the copper produced, which is equal to its equity shares.
• KME acquired 49% of the shares of Tréfimétaux SAS through an agreement with ECT-European Copper Tubes Limited on March 11, 2019, subject to the fulfillment of the above conditions, and reacquired 100% of the shares. They announced that they had signed a contract to do so. It is stipulated there. Share control over the company. The acquisition price at closing was USD 2.24 million.