Milbank Tweed and Sullivan & Cromwell act on one of year’s biggest mining deals
The City arms of Milbank Tweed Hadley & McCloy and Sullivan & Cromwell have advised on a nickel mining project worth around $3.3bn (£1.64bn).
The Ambatovy mining project is the first large-scale deal in Madagascar and sees US projects leader Milbank advising the lenders and Sullivan advising the sponsors on the nickel, cobalt and ammonium sulphate mine.