Markets of iron ore and gas have been hit hard due to over supply and decreasing demand and Japanese trading house Mitsui & Co. also follow trait. The Japanese trading house is going to embrace loss for the first time since its establishment in current form in 1947.
Mitsui & Co.
Breaking News
Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.
Japan Australia LNG Pty, the venture formed by Japanese firms Mitsubishi Corp and Mitsui & Co, will not proceed with a prior deal to buy liquefied natural gas from Woodside Petroleum Ltd's Browse venture.
Brazil-based iron ore miner Vale agreed to sell a stake in logistics company VLI SA to Canadian firm Brookfield Asset Management in a deal valued at BRL2 billion ($842.78 million).
Mitsui CEO stated they plan to invest more in Thailand making it their base for Asean operations
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