JX Nippon Mining to sell stake in S Korea's copper smelter for $727m

JX Nippon Mining to sell stake in S Korea's copper smelter for $727m

Photo: Dominik Vanyi/Unsplash

JX Nippon Mining & Metals Corp, a unit of Japan’s oil and metals giant Eneos Holdings, said on Thursday its unit will sell its entire stake in South Korea’s copper smelter LS-Nikko Copper to its partner LS Corp for 930 billion won ($727 million).