Clifford Chance instructed on Andalucía mining deal

Clifford Chance advised Mubadala Development Company on its investment in Spanish mining sector business Minas de Aguas Tenidas.


Mubadala acquired a 50 per cent stake in the company, according to Mergermarket data.

The deal involves the creation of a “50/50 joint-venture company” to invest in the base metals mining sector in Andalucía.

“This builds on our existing sector strategy and partnership with Mubadala –  we are identifying new opportunities and investing thoughtfully together in ways that complement our existing portfolio,” said Jeremy Weir, CEO of Trafigura, the joint owner of Minas de Aguas Tenidas.

Ben Cook