An open-pit copper mine. Credit: Everton Lourenco/Shutterstock.com Cleary, Norton Rose and Latham Lead $1B Mining Purchase in Brazil
Top Brazilian law firms also advised on the complex sale via the London Stock Exchange of two mines that are slated to supply critical metals for electric vehicles.
June 13, 2023 at 05:13 PM
3 minute read
Three global law firms have guided a $1 billion sale via the London Stock Exchange of mines in Brazil that are pegged to supply nickel sulfide and copper concentrates to electric vehicle manufacturers that are primarily headquartered in the U.S. and Europe.
Cleary Gottlieb Steen & Hamilton advised the buyer, a British Virgin Islands-based blank check fund called ACG Acquisition Company Ltd. that's controlled by Russian metals mogul Artem Volynets, in coordination with offshore firm Harneys and Brazil's Lefosse. The Cleary team was led by partners David Gottlieb, Chrishan Raja and Polina Lyadnova.
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