Partner
CurrentResources and energy partner practising in unregulated M&A; project development (including of rail, port and other infrastructure); project finance; State/Investor Agreements; native title; commodity sale and purchase agreements; and investment approvals. Specific projects have included advising Sandfire Resources on its $167m acquisition of MOD Resources by way of scheme of arrangement; Whitehaven Coal on its bid for Rio Tinto’s Queensland coal assets (ultimately sold for more than US$4b); Resource Capital Funds on its investment in the US$650m Khoemacau project in Botswana and in obtaining a unique three year land and business entities FIRB exemption certificate relating to investment in Australian mining assets and companies; Kumul Petroleum (PNG's national oil company) on gas field development; an international streamer on major gold streaming arrangements; Rio Tinto in its successful defence of the application for access to its 1700km Pilbara rail network - the largest private rail network in the world; Rio Tinto on its proposed iron ore joint venture with BHPB (involving settling over 50 commercial agreements to create what would have been a US$100billion entity ultimately blocked by competition authorities); Rio Tinto on its move from annual iron ore pricing negotiations to floating prices linked to iron ore indices; on numerous gold, nickel, copper, zinc, mineral sands, lithium, niobium, potash, iron ore, coal and bauxite/alumina projects; and on offshore projects in China, Armenia, Mongolia, Kazakhstan, Ghana, Burkina Faso, DR of Congo, Tanzania, Zimbabwe, Botswana, PNG, Mozambique and Zambia. This work included negotiating a State/investor agreement in Tanzania subsequently used as the template State agreement appended to the then new Mining Act.