Komori
M&A and Subsidiary Changes5016JX Advanced Metals CorporationIron & Steel, Nonferrous Metals

Notice Regarding the Partial Transfer of Shares in SCM Minera Lumina Copper Chile, the Operator of the Caserones Copper Mine, and the Transfer of Interests in a Copper Mine Development Project in the Frontera Region

JX Metals will transfer 5% of its interest in MLCC, the operator of the Caserones copper mine, and its interest in the Frontera project in Chile and Argentina to LMC Caserones for a total consideration of US$215 million (approximately ¥34 billion). Following the transfer, JX Metals’ interest in MLCC will change from 30% to 25%, and its interest in the Frontera project will become zero.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
215
USD million
Wording
Conditional
How definitive the wording is.

This transaction

Name of transaction
CounterpartyLMC Caserones SpA, Lundin Mining Corporation
Disclosing companyJX Advanced Metals Corporation
SCM Minera Lumina Copper ChileVoting rights ownership percentageNumber of shares acquired 50,000,000,000 株(売却株式数)、議決権数:Not disclosed

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

a)採掘権およびその他の権利の探査、開発 b)探査又は開発のための鉱業権の購入及び賃貸借 c)鉱床及び採掘権の探査、開発及び商業化への参画 d)生産する鉱石を処理精製するプラントの設置と運転 e)鉱石及び製品の販売、輸出及び商業化

Location チリ共和国(Edificio Titanium, Avenida Isidora Goyenechea 2800, Piso 20 – Oficina 2001, Las Condes, Santiago, Chile)Share capital 6,820,299,932.19 米ドルDate of incorporation 2003 年 8 月 20 日
Consideration and expenses
Acquisition price215 百万米ドル(売却価額)
Type of Consideration現金(売却代金)
Impact on Business Performance

本件譲渡による業績への影響は軽微です。

This transaction
ItemDetails
Transaction nameName of transaction
Counterparty nameLMC Caserones SpA, Lundin Mining Corporation
Name of the Subject CompanySCM Minera Lumina Copper Chile
Business Description of the Subject Companya)採掘権およびその他の権利の探査、開発 b)探査又は開発のための鉱業権の購入及び賃貸借 c)鉱床及び採掘権の探査、開発及び商業化への参画 d)生産する鉱石を処理精製するプラントの設置と運転 e)鉱石及び製品の販売、輸出及び商業化
Location of the Subject Companyチリ共和国(Edificio Titanium, Avenida Isidora Goyenechea 2800, Piso 20 – Oficina 2001, Las Condes, Santiago, Chile)
Capital Stock of the Subject Company6,820,299,932.19 米ドル
Date of Establishment of the Subject Company2003 年 8 月 20 日
Acquisition price215 百万米ドル(売却価額)
Type of Consideration現金(売却代金)
Number of shares acquired50,000,000,000 株(売却株式数)、議決権数:Not disclosed
Voting rights ownership percentageBefore 30%(MLCC社)/30.9%(ロス・ヘラドス鉱床)/40%(ラ・リオハ鉱床) → after 25%(MLCC社)/0%(ロス・ヘラドス鉱床)/0%(ラ・リオハ鉱床)
Impact on Business Performance本件譲渡による業績への影響は軽微です。
Date of board resolution10 March 2026
Contract Date10 March 2026
Execution Date / Effective DateApril 2026 (scheduled)
Items this document does not state (17)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

銅資源事業に関する事業リスクを適切にコントロールしながら資本効率を高め、譲渡で得た資金を半導体用スパッタリングターゲットの製造設備増設やフォーカス事業向けレアメタル資源の獲得などに充て、事業ポートフォリオの転換を加速するため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Partial Transfer of Shares in SCM Minera Lumina Copper Chile, the Operator of the Caserones Copper Mine, and the Transfer of Interests in a Copper Mine Development Project in the Frontera Region | JX Advanced Metals Corporation (5016) timely disclosure | Komori