Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project

Sojitz

18/12/2024 22:21

Dec 19 (Reuters) - Australia's Champion Iron  CIA.AX 
said on Thursday Japanese firms Nippon Steel  5401.T  and Sojitz
 2768.T  will take up a 49% stake for A$245 million ($152.39
million) in the firm's Kami project in Canada. 
    
($1 = 1.6077 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru; Editing by Alan
Barona)
 ((Nichiket.Sunil@thomsonreuters.com))