Marval advises Stellantis in an additional investment in McEwen Copper Inc

The transaction involved executing an agreement for an additional acquisition of shares in the Canadian company McEwen Copper Inc., current owner of the copper mining property Los Azules in the Province of San Juan, Argentina, through an important investment to be applied to the project of its Argentine subsidiary. Furthermore, existing agreements regarding Stellantis' rights to acquire copper in the future were modified. In this way, Stellantis remains the second largest shareholder in the project and secures part of the sustainable supply of copper from the Los Azules.

The transaction occurred within the framework of Stellantis’ Dare Forward 2030 strategic plan, related to the investment in strategic copper and lithium production projects in Argentina, essential inputs for the challenges future mobility poses.

Marval advised Stellantis in the transaction that involved the execution of agreements in different jurisdictions an under diverse legislations in peaceful coexistence. Marval team was led by partners Diego Krischcautzky and Macarena Garcia Mirri, along with associates Lucia Diana Trillo, Salvador Muttini, Maria Victoria Guerricagoitia, and Martina Portis.