Anglo American plc (“Anglo American”) has entered into an agreement with Mitsubishi Corporation (“Mitsubishi”), in relation to Mitsubishi’s proposed acquisition – by its wholly owned subsidiary MCQ Copper Ltd. – of a 21.9% equity interest in Anglo American Quellaveco S.A. (“AAQSA”) for a total consideration of $600 million (the “Transaction”). Mitsubishi already holds an 18.1% interest in AAQSA and, following closing of the Transaction, Mitsubishi’s interest will increase to 40%, while Anglo American will retain 60%. AAQSA owns the Quellaveco copper project in Peru (“Quellaveco”). Closing of the Transaction is subject to a number of conditions (including the required regulatory approvals, approval by Mitsubishi’s Board, approval to develop the Quellaveco project by Anglo American’s Board, among others), that is expected to occur in Q3 2018. The following lawyers of Miranda & Amado participated in the transaction: Guillermo Bracamonte (Partner), Alberto Delgado (Partner), Roberto MacLean (Partner), David Baracco (Associate), Alberto Ventura (Associate), Sandra Lock (Associate) y Gabriel Cárdenas (Associate).