Mitsui Mining News

Mitsui mulls expanding into food, drugs sectors to offset profit drop

The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.

Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

Japan, Chile sign mining deals

Japan already allocates 90% of its investment in Chile to mining.

Pilbara visit shows Japan vital to Aussie mining

Follows signing of FTA seen as major opportunity for Australian miners.