Completion Conditions Met for Project Financing of the Quebrada Blanca Phase 2 Project in Chile

April 25, 2025
Sumitomo Metal Mining Co., Ltd.

Sumitomo Metal Mining Co., Ltd. (Headquarters: Tokyo, Japan) and Sumitomo Corporation (Headquarters: Tokyo, Japan) are pleased to announce that all completion conditions - including production benchmarks and cost requirements - stipulated in the project financing agreements for the Quebrada Blanca Phase 2 Project ("QB2 Project") in Chile have been successfully met. The QB2 Project is being jointly developed with major Canadian copper producer Teck Resources Limited (Headquarters: Vancouver B.C., Canada).

Please check the below PDF file for details.

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