England - London • Projects, energy and natural resources
Milbank
Milbank‘s London-based mining practice is best known for advising lenders on large scale mandates, including transformative development and financing structures. The team has deep expertise in mining-sector restructurings and places emphasis on work focusing on critical metals and minerals required for the EV battery sector. Global project finance lawyer John Dewar leads the team, possessing particular expertise in multi-sourced financings.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Deep mining industry knowledge.'
- 'Great to work with the mining team.'
Key clients
- KfW IPEX-Bank GmbH
- Nyrstar
- EBRD
- IFC
- BNP Paribas
- Standard Chartered Bank
- Export-Import Bank (US)
- Export Finance Australia
- JBIC
- K-EXIM
- African Development Bank
- ABSA
- EIB
- EDC
- National Bank of Greece
- Alpha Bank
- Piraeus Bank
- Société Générale
- ING
- HSBC
- International Finance Corporation
- MIGA
- OeKB (Austrian ECA)
- Bank of China
Work highlights
- Advised on the Oyu Tolgoi project financing, originally signed in 2015 which involves financing of the underground mine in Mongolia by international financial institutions and export credit agencies (including IFC, EBRD, US Ex-Im, EFIC, and EDC), along with a large number of commercial banks.
- Advised National Bank of Greece S.A. and Piraeus Bank S.A in connection with the provision of €680 million financing to Hellas Gold Single Member S.A., a wholly owned subsidiary of Eldorado Gold Corporation, for the development of the copper and gold Skouries mining project located within the Halkidiki Peninsula of Northern Greece.
- Represented KfW IPEX-Bank GmbH as lender in the US$75,100,000 term loan facility, the US$20,000,000 cost overrun facility and the $9,800,000 debt service facility, for the financing and operation of the Sangdong Tungsten Mine Project in the Republic of Korea, one of the largest tungsten mines in the world.
Practice head
The lawyer(s) leading their teams.
John Dewar