Tokyo - Delayed Quote JPY

Sojitz Corporation (2768.T)

3,122.00

+12.00

+(0.39%)

At close: January 17 at 3:30:00 PM GMT+9

Champion Iron, Nippon Steel and Sojitz partner to develop Kami project

The partnership will involve an initial contribution of $245m (Y38.45bn) from Nippon Steel and Sojitz for a 49% stake in the project.

Mining Technology last month

CIA.AX

2768.T
+0.39%
Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project (Dec. 19)

Nippon and Sojitz will hold a 30% and 19% stake respectively in the iron ore project in Canada's northeast, and share development and construction costs based on their share in the mine, Champion said in a statement. Kami, which Champion acquired in 2021, is also expected to receive as much as C$490 million ($340.82 million) through future contributions from Nippon and Sojitz, it added.

Reuters last month

CIA.AX

2768.T
+0.39%
Champion Iron Forms a Partnership With Nippon Steel and Sojitz to Advance the Kami Project

Champion Iron (CIA.TO) after close of trade Wednesday said Nippon Steel and Sojitz Corp entered int

PREMIUM
MT Newswires last month

CIA.AX

2768.T
+0.39%
Japan's Sojitz buys US sushi business in seafood expansion drive

Japanese trading house Sojitz said on Tuesday it had bought the takeout sushi businesses of Sushi Avenue Inc in the United States for an undisclosed sum, as part of a drive to expand its seafood operations. Sojitz is aiming to boost annual net profit from seafood operations to 4 billion yen ($26 million) in the year to March 2027 from 1.2 billion yen in the year ended March 2024. "We are taking on the challenge of becoming the world's No.1 distinctive marine products group, with strength in tuna and sushi products," finance chief Makoto Shibuya told reporters.

Reuters 5 months ago

2768.T
+0.39%

Performance Overview

Return	2768.T	Nikkei 225
YTD	-3.70%	-3.62%
1-Year	-4.92%	+8.38%
3-Year	+97.27%	+35.71%

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Sojitz Corporation (2768.T)

Champion Iron, Nippon Steel and Sojitz partner to develop Kami project

Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project (Dec. 19)

Champion Iron Forms a Partnership With Nippon Steel and Sojitz to Advance the Kami Project

Japan's Sojitz buys US sushi business in seafood expansion drive

Performance Overview