概览
虽然实现净零排放的呼声日高,但在抗击气候变化和减少碳排放的工作中有一个较少受到关注的方面,那就是能源转型对关键矿物资源的依赖程度。例如,国际能源署指出,生产一辆电动汽车所需的关键矿物资源(锂、钴、镍、铜、锰和石墨)的数量是生产传统汽车所需数量的七倍。
执业经验
Representative critical minerals experience involving Lithium, Nickel and Cobalt.
- Eramet and a leading European multinational chemicals producer on their planned investment in a US$2.5 billion high pressure acid leach (HPAL) nickel processing plant to be built by Tsingshan of China in the Weda Bay Industrial Park, Indonesia.
- Cornish Lithium plc on a landmark £53.6 million (US$67 million) initial investment made by a group of leading institutional investors, including the UK Infrastructure Bank (in its first direct equity investment), the US-based Energy & Minerals Group (EMG) and TechMet (Cornish Lithium's largest institutional investor). The funding package is intended to accelerate the company’s efforts to generate a supply of battery grade lithium compounds in the UK.
- General Motors Co. in an investment with Lithium Americas to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the US and the third largest in the world.
- LSC Lithium B.V. in connection with the sale of all of the outstanding shares of Lithea Inc., the owner of the Pozuelos-Pastos Grandes lithium mining properties located in the Province of Salta, Argentina, to GFL International Co., Ltd., a subsidiary of Ganfeng Lithium Co. Ltd., for a total consideration of US$962 million.
- A major Japanese general trading conglomerate in its potential investment in the Sal de Vida Lithium Project (Catamarca/Argentina), and its potential investment in the Rincon Lithium Project (Salta/Argentina) prior to Rio Tinto’s acquisition of Rincon Mining in December 2021.
- One of the largest Japanese trading companies in its minority investment in a US based industry leader in the recycle and reuse of scrap and end-of-life lithium-ion batteries and certain related agreements.
- An African Development Financial Institution on its role as mandated lead arranger, and various other lenders, on a syndicated US$600 million copper and cobalt development financing facility for Trafigura. The facility will assist the development of cobalt and copper mines in the Democratic Republic of Congo (DRC), a region which contains some of the largest reserves of minerals that are required to catalyse the global energy transition towards a net-zero world.
- Lenders in the refinancing and upsizing of Anglo Pacific Group PLC's existing revolving credit facility. Anglo Pacific Group PLC will use the facility to acquire a holding company that owns a 70 per cent net interest in a cobalt stream from Vale SA's Voisey's Bay nickel-cobalt-copper mine in Newfoundland.
- The Bank of Nova Scotia as administrative agent in the financing and construction of Lundin’s Eagle Mine (nickel and copper) in the Upper Peninsula in Michigan and acted as local US counsel in connection with several follow on financings.
- Lenders, including Finnvera, on the financing of the Kevitsa nickel mine in Finland.
- Lenders on a senior debt facility for the development, construction costs and working capital for the Munali nickel mine in Zambia.
- African Eagle Resources in the negotiation of project documentation for the Dutwa nickel project in Tanzania.
- Lenders on the project financing of Baja Mining Corp for the construction and development of the Boleo copper-cobalt-zinc-manganese project located in Baja California Sur, Mexico. We also advised the lenders on the complex successful restructuring of the project financing arrangements.