Mitsui & Co has invested in Position Partners to accelerate digital transformation in the resource sector, strengthening the $15 billion investment it has made in Australia in the last decade.
New Hope has sealed the deal on its acquisition of Wesfarmers’ stake in the Bengalla joint venture (JV) in the Hunter Valley, New South Wales.
New Hope Corporation has secured deals with minority partners Taipower and Mitsui to cement a controlling stake in the Bengalla thermal coal mine in New South Wales.
Kidman Resources has signed a binding heads of agreement with Japan’s Mitsui for the supply of lithium hydroxide from the Mt Holland project in Western Australia.
Rio Tinto plans to sustain production of its high-grade iron ore products through a $2 billion investment in two Robe River joint venture projects in the Pilbara, Western Australia.
BHP’s development of the South Flank iron ore project in the Pilbara has taken a major step forward with the first blast at the site this week.
Japanese trading house Mitsui has made an $86 million deal with Carpentaria Resources over the Hawsons iron project southwest of Broken Hill, New South Wales.
BHP has turned the first sod at the South Flank iron project in the Pilbara, Western Australia.
Cooper Energy, AWE and Mitsui E&P Australia will jointly acquire BHP’s 90 per cent interest in the Minerva gas plant in Victoria. Cooper is already a minority holder in Minerva, owning the remaining 10 per cent.
Mitsui & Co., one of Japan’s ‘big five’ sogo shosha (trading houses), has released a statement declaring its takeover offer of Australian oil and gas company AWE is now unconditional, having claimed over 50 per cent of the company to date.
Japanese company Mitsui has confirmed a non-binding proposal to acquire 100 per cent ownership of Australian energy company AWE for a value of $602 million.
Woodside and joint venture partner Mitsui have been approved for the development of the Greater Enfield project.
AWE and Japanese energy giant Mitsui have joined together to bid up to $200 million for Origin Energy’s stake in Waitsia.
GE and global resources and energy giant Mitsui have signed an agreement focused on driving down mining operational costs.
Mitsui’s Australian chief said mining wages in the country are too high and do not match productivity levels.
Mining giant BHP Billiton is selling a 15 per cent stake in its Australian Jimblebar iron ore mine to two Japanese trading firms, Itochu Corporation and Mitsui & Co for around $1.5 billion.
Mitsui & Co. has acquired a massive stake in Australian mining equipment rental company National Plant & Equipment for more than $100 million.