MITSUBISHI CORP Mining News

Mid West Chamber of Commerce says Mitsubishi's Oakajee project not over yet

Mitsubishi Corp. revealed earlier this week that it is shelving work on its Oakajee port and rail project in Western Australia, cutting jobs and spending at the site.

Unusual tactics in mining bid

The potential joint bid by Rio Tinto and Mitsubishi Development for Coal & Allied Industries (CAIL) is a curious beast because it proposes to involve a mechanism normally used to avoid a takeover.