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JX Advanced Metals subsidiary sells all issued shares of CMQ to Glencore Peru
Yahoo Finance· 2025-12-16 22:55
Japan-based JX Advanced Metals has revealed that its subsidiary Pan Pacific Copper (PPC), in which it holds a 47.8% ownership stake, has sold all issued shares of Compañía Minera Quechua (CMQ), a fully owned PPC subsidiary, to Glencore Peru Holding. Following the share transfer, Glencore will hold all of CMQ’s mining interests in the Quechua copper project. Since acquiring interests in the project in 2007, PPC has carried out several feasibility studies to evaluate its economic viability. However, the ...