Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project
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))
Recent news on Sojitz
See all newsAnalysis: A warning to critical minerals buyers: avoid butter mountains, aluminium floods
Brief: Sojitz Corp - To Acquire 16.81% Stake In Japan Investment Advisor Co On June 8 In Off-Market Negotiated Transaction
Brief: South Korea's Kia: Opening Orders For Kia PV5 Model Cars In Japan Through Partnership With Sojitz
Australia, Japan strengthen critical minerals ties
Brief: Sojitz CEO - We Must Seek Alternative Sources Of Supply For Raw Materials Subject To China’S Export Restrictions, Such As Xylene