Codelco’s Agreement with Enami EP to develop Llurimagua Copper Mine Project


Pérez Bustamante & Ponce advised on the transaction

Corporación Nacional del Cobre de Chile (Codelco) signed an addendum to the 2015 agreement with Empresa Nacional Minera (Enami EP) in order to develop Llurimagua copprmine project.

Today Codelco invested $40 million and plans to invest additional $200 – 300 million in the next stage of the project.

Corporación Nacional del Cobre de Chile, together with its subsidiaries, engages in the exploration, development, and exploitation of copper mineral resources and byproducts in Chile.

Pérez Bustamante & Ponce advised Compañía Nacional del Cobre (Codelco) with Sebastián Pérez-Arteta, María Isabel Aillón, David Ortiz and Rodrigo Pesántez-Sáenz.

Involved fees earner: María Isabel Aillón Vásconez – Pérez Bustamante & Ponce; José David Ortiz-Custodio – Pérez Bustamante & Ponce; Sebastián Pérez-Arteta – Pérez Bustamante & Ponce; Rodrigo Pesantez-Sáenz – Pérez Bustamante & Ponce;

Law Firms: Pérez Bustamante & Ponce;

Clients: Corporación Nacional del Cobre de Chile;

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Author: Ambrogio Visconti.