Mitsui & Co. to Extend Loan Period for Codelco’s Anglo American Sur Purchase

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.

Click here to read the full Reuters report.