On April 7, 2026, Lundin Mining Corporation completed its acquisition of an additional 5% equity interest in SCM Minera Lumina Copper Chile, owner of the Caserones copper-molybdenum mine, along with a 30.9% interest in the Los Helados Project and a 0.62% net smelter return royalty on Los Helados, from JX Advanced Metals Corporation and affiliates for total consideration of US$215 million. As a result, Lundin’s ownership interest in Caserones increased to 75%.
Cassels acted for Lundin.