Mitsui & Co. (TSE:8031) is expanding raw-material and circular-economy plays: it backed BHP and Itochu’s Ministers North iron-ore mine aiming for ~20Mtpa from H2 2028, while partnering with PureCycle and RM TOHCELLO to bring recycled polypropylene BOPP film to Japan by 2027.
Previous Week Recap
- Mitsui Approves North Iron Ore Mine: Mitsui & Co., Ltd. joined BHP and Itochu in approving the Ministers North iron ore mine in Western Australia; production due H2 2028, targeting about 20 million tonnes annually.
- Mitsui Partners For Recycled PP: Mitsui & Co. (8031) partners with PureCycle and RM TOHCELLO to supply recycled polypropylene for BOPP film in Japan, targeting commercial launch in 2027 and shipments pending import compliance
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