As part of the joint venture agreement, Mubadala has now acquired a 50 percent share in Trafigura’s flagship mining operation, Minas de Aguas Tenidas, MATSA, which owns the Agua Tenidas, Sotiel and Magdalena mines in southern Spain which produce copper, zinc and lead concentrates.
The new joint venture company will harness the experience developed with MATSA for further expansion and investments in other base metal mining assets around the world.
Source: Emirates news agency