On December 4, 2018, China Molybdenum Co., Ltd. announced that its wholly-owned subsidiary CMOC Limited has agreed to buy 100% equity interests of IXM B.V., for a purchase price of US$495 million.
Headquartered in Geneva with expert teams on the major continents, IXM sources, blends, exports, transports and merchandises copper, zinc, lead concentrates, copper blister and refined base metals.
China Molybdenum Co., Ltd. (CMOC) is a global natural resource company engaged in the mining, processing and marketing of mineral products. The Company, which has operations in China, Australia, Brazil and the Democratic Republic of Congo, is committed to being a sustainability leader by creating economic, social, and environmental value where they operate and adhering to global sustainability best practices.
Osler, Hoskin & Harcourt LLP is counsel to CMOC with a team led by Marc Kushner that includes Jillian Mulroy (Corporate), Shuli Rodal, Jake Schmidt (Competition/Antitrust) and Paul Seraganian (Tax).