IKN

a consummation devoutly to be wish'd

U$5.85Bn: Las Bambas changes hands

Today Glencore Xstrata and China’s Minmetals have nailed down their deal. The massive Las Bambas copper project in Peru is sold for U$5.85Bn (and all this time I was guessing $5.5Bn…how silly of me) and the whole charade is over. Details here in Spanish, or wait a while and you can read all you’ll ever want to read on it in English tomorrow.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.