Japan's Mitsui & Co., Ltd. She announced that she had acquired seven percent of indirect interest in the deposit of ministers, a project that is currently fully belonging to the Australian miner BHP. This strategic step emphasizes the many years of Mitsui's pilbar iron ore industry and deepens its partnership with BHP and ITOCHU, which has also acquired eight percent of the shares.
north is located in in the Pilbar region in Western Australia, which is one of the richest world or living. Since the 1960s, Mitsui has been engaged in iron ore projects in this region. The site is located next to existing mines, railways and port objects that are already jointly controlled by Mitsui, BHP and ITOCHU. It is expected that this proximity will reduce development costs, ensure a trouble-free integration with current operations and ensure that the mine operates at a highly competitive level of costs.
There are no comments yet.