Mitsui Mining News

JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.

Japan's Mitsui may raise its stake in Vale — executive

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.

Chile’s Caserones copper mine a pain in the neck for Japanese owners

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.

Chile's Caserones copper mine close to reach full capacity after weather forced 3-week shutdown

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

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.