Mitsui, Rio Tinto and iron ore

Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project
Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion to strengthen its long-term earnings base.
Mitsui Joins Rio in Australia Iron Ore Mine for $5.3 Billion
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its push to go green.
Mitsui buys 40% stake in Rio Tinto's Rhodes Ridge joint venture
Rio Tinto has confirmed that Japanese investor Mitsui & Co has agreed to acquire a 40% interest in its Rhodes Ridge project, an undeveloped iron ore deposit in the East Pilbara in Western Australia.
Mitsui to buy $5.3 billion interest in Australia's Rhodes Ridge iron ore project
Japanese trading house Mitsui said on Wednesday it would acquire a 40% interest in the Rhodes Ridge iron ore project in Australia for $5.34 billion. Rhodes Ridge, operated by Rio Tinto, is one of the world's largest undeveloped iron ore deposits with 6.
Rio Tinto notes Mitsui has agreed to join Rhodes Ridge Joint Venture
Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners.
Mitsui & Co. to Buy 40% Interest in Australia's Iron Ore Project for $5.34 Billion
Mitsui & Co. said it would acquire a 40% interest in Rhodes Ridge iron ore project in Australia for $5.34 billion. The Japanese trading house said Wednesday that the Rhodes Ridge project will be developed and operated by Rio Tinto.
Mitsui Acquires 40% Stake in Australia's Rhodes Ridge Iron Ore Project for $5.34B
Japanese trading giant Mitsui has announced a $5.34 billion acquisition of a 40% stake in the Rhodes Ridge iron ore project in Australia. Operated by Rio Tinto (NYSE:RIO), Rhodes Ridge is among the worlds largest
Rio Tinto Vs. Vale: Both Mining Stocks Show Bullish Technical Signals Ahead Of Q4 Earnings
Both stocks have shown bullish technical signals; investors are watching closely to see which one has a stronger ...
Rio Tinto Group (NYSE:RIO) Rating Increased to Strong-Buy at StockNews.com
StockNews.com upgraded shares of Rio Tinto Group (NYSE:RIO – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Friday morning. Separately, Jefferies ...
Insider Monkey4d
Rio Tinto Group (RIO): Among the Best Mineral Stocks to Buy Right Now
In this article, we are going to take a look at where Rio Tinto Group (NYSE:RIO) stands against other best mineral stocks to buy right now. At the heart of industrial growth lies the global ...
Global Mining Review2d
Former Rio Tinto executive heads Banksia copper power play
Banksia Minerals Processing has secured AUS$1.05 million in seed funding from IP Group and the Resources and Critical ...
Rio Tinto Group (NYSE:RIO) Position Lowered by Kingsview Wealth Management LLC
Kingsview Wealth Management LLC decreased its stake in shares of Rio Tinto Group (NYSE:RIO – Free Report) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The ...
Investing1h
Rio Tinto operated Aussie mine has new Japanese shareholder
Japan’s Mitsui & Co is paying $5.34 billion for a 40% stake in the Rhodes Ridge iron ore project in Western Australia, ...
Mining1d
Rio Tinto tests “virtual X-ray” technology for mineral exploration
Rio Tinto Exploration (RTX) has partnered with deep-tech startup Atomionics to test a quantum gravity sensor in mineral ...
Wilmington Savings Fund Society FSB Grows Stock Holdings in Rio Tinto Group (NYSE:RIO)
Wilmington Savings Fund Society FSB increased its stake in shares of Rio Tinto Group (NYSE:RIO – Free Report) by 9.6% in the ...