(MB) Anglo American has sold a 21.9% equity interest in Quellaveco SA (AAQSA) for $600 million to Mitsubishi Corporation, and will use the money as capital expenditure for the development of the copper project in Peru, the company said in an announcement on June 14. MCQ Copper Ltd., a wholly owned subsidiary of Mitsubishi, will subscribe the primary shares of AAQSA, which owns the Quellaveco copper project in Peru. Mitsubishi already holds an 18.1% interest in AAQSA. Following the closing of the transaction, Mitsubishi’s interest will increase to 40%
