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Antamina is funding the venture, which aims to help local communities, as part of its corporate responsibility programme.
BBVA, Spain's second-largest bank, will own 51percentt of the venture, which is called Proxima Alfa Investments.
Morgan Stanley controls the venture, which employs an army of stockbrokers.
The venture, which included Talk magazine and Talk Miramax Books, folded in 2002.
The venture, which will be based in Charlottesville, Va., will be led by a G.E. executive.
Shin will take a 60percentt stake in the venture, which will be named Capital OK.
S3 will keep a a minority stake in the venture, which was formed in November.
Sony Music later joined the venture, which has yet to open its site.
Mayor Levar Stoney has endorsed the venture, which will be in South-Central Richmond.
The venture, which includes machine builders, commercial sorters and charities, is adapting and testing the automatic fabric-sorting machine.
Sony's $325 million investment gives it a minority stake in the venture, which will keep the EMI name.
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