JX Mining & Metals Corporation: Transfer of shares in Chilean mining operations
Leading Japanese law firm Nishimura & Asahi has advised JX Mining & Metals Corporation (“JX Mining”), a unit of JXTG Holdings, Inc., on its transfer of shares in the Collahuasi mine and the Los Pelambres mine, two major copper assets in Chile.
As part of the transaction, JX Mining sold a stake in Collahuasi to Mitsui & Co., Ltd. and bought a stake in Los Pelambres from Mitsui. Los Pelambres is currently one of the largest copper reserves in the world.
The Nishimura & Asahi team advising JX Mining & Metals Corporation was led by partners Hirokatsu Takahashi and Maya Ito and counsel Mihoko Shima.
Maya has extensive experience advising international investors on cross-border renewable energy projects, as well as advising both borrowers and lenders on financing for renewable energy projects in Japan. She previously worked in the cross-border project finance team of a Japanese megabank, handling matters relating to natural resources, power and energy, and infrastructure. Maya has also provided banks, financial institutions, and other corporate clients, most of which operate their businesses globally, with compliance and regulatory advice, as well as advice on a variety of governance matters. She is actively involved in D&I projects aimed at promoting the active participation of women, and has organized numerous D&I seminars and other similar events for corporations. She is also actively involved in Climate Change related projects and has organized Climate Change seminars and events.