Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.
Mitsui Mining News
The Brazilian mine dam collapses and resultant forced shutdown of some of that country’s iron ore mines had caused a major seaborne supply squeeze across all of the commodity’s types.
The area around Los Bronces copper mine hosts 30% of Chile's copper resources and 10% of the world's.
The Japanese trading house is backing Sigma's Grota do Cirilo hard rock lithium project, in the south-eastern province of Minas Gerais.
This is not the first time the Chilean watchdog has fined Lumina.
Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.
Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.
The sale of Vale stakes has been a subject of market speculation since the world's largest iron ore miner moved to a single class of stock in October. Mitsui currently holds a 5.51 percent stake in Vale.
The mine, behind schedule ever since it began producing in May 2014, has been affected by a series of technical problems in its ramp-up phase, costing its owners hefty impairment charges.
The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.
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.
Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.
The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.
Japan already allocates 90% of its investment in Chile to mining.
Follows signing of FTA seen as major opportunity for Australian miners.