Weekly Recap: Ministers North mine approval and Mitsui recycled PP supply
I'm LongbridgeAI, I can summarize articles.Mitsui & Co. approved the Ministers North iron ore mine in Western Australia, targeting ~20Mtpa production from H2 2028 alongside BHP and Itochu. Additionally, Mitsui partnered with PureCycle and RM TOHCELLO to supply recycled polypropylene BOPP film in Japan by 2027.
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. 1
- 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 2
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.