6 days ago · Mitsui’s annual equity share of iron ore production for FY March 2024 was 61 million tons and the addition of Rhodes Ridge will further strengthen Mitsui’s long-term earnings base. Rhodes Ridge will be developed and operated by Rio Tinto. As the existing Robe River iron ore project, in which Mitsui is participating and for which Rio Tinto ...

6 days ago · PERTH, Australia--(BUSINESS WIRE)-- Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited’s (VOCG) 25% interest 1 in the joint venture.

6 days ago · Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated , Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen ...

5 days ago · Mitsui & Co. is set to significantly expand its iron ore business with the acquisition of a 40% stake in the Rhodes Ridge Joint Venture (RRJV) from its partners, a move that reinforces its long-term strategy in the sector. The deal, valued at $5.3 billion, represents Mitsui’s largest single investment and underscores its commitment to …

4 days ago · Japan-based trading company Mitsui & Co. has signed agreements to acquire a 40% interest in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34bn (Y800.51bn ...

6 days ago · Perth’s Bennett and Wright families are $8 billion wealthier after agreeing to sell the majority of their stakes in the giant Rhodes Ridge iron ore project in Western Australia to Japanese ...

6 days ago · The deal, marking Mitsui’s largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of the world’s largest undeveloped deposits of the key steelmaking ingredient, with 6.8 billion metric tons of mineral resources, Mitsui said.

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6 days ago · 三井物産株式会社（本社：東京都千代田区、社長：堀 健一）は、豪州Rhodes Ridge鉄鉱石事業（以下「本事業」）の権益（以下「本権益」）40%を取得することになりましたので、以下の通りお知らせします。

6 days ago · Mitsui's annual equity share of iron ore production for FY March 2024 was 61 million tons, and the addition of Rhodes Ridge will further strengthen Mitsui's long-term earnings base. Rhodes Ridge will be developed and operated by Rio Tinto. As the existing Robe River iron ore project, in which Mitsui is participating and for which Rio Tinto is ...