Hogan Lovells Advised China Baowu Steel Group On Acquisition Of Additional 2% Stake In Simandou Project Mining Blocks 1 And 2

Hogan Lovells advised China Baowu Steel Group on acquisition of additional 2% stake in Simandou Project mining blocks 1 and 2

The global law firm, Hogan Lovells advised China Baowu Steel Group in connection with its acquisition of an additional 2% stake in mining blocks 1 and 2 of the Simandou Project, increasing its shareholding to 51%.

The transaction builds on Baowu’s initial investment completed in June 2024 and follows the commencement of first commercial production in December 2025. The acquisition represents another key milestone in the development of the Simandou Project and strengthens Baowu’s role in the project’s long-term operations and infrastructure development.

The Hogan Lovells team advising on the transaction was led by Liang Xu (Partner).

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