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Mitsui & Co. to Extend Loan Period for Codelco’s Anglo American Sur Purchase
Aug. 02, 2012 03:41AM PST
Base Metals Investing
Reuters reported that Mitsui & Co. has decided to extend the loan period for Codelco’s potential purchase of Anglo American’s Chilean copper properties.
Reuters reported that Mitsui & Co. has decided to extend the loan period for Codelco’s potential purchase of Anglo American’s Chilean copper properties.
As quoted in the market news:
The loan is for the possible purchase of a stake in Anglo’s Anglo American Sur copper assets, but a legal dispute between Anglo and Codelco is dragging on and is seen unlikely to be decided until Aug. 24 at the earliest.
