Mitsubishi Gas, Mitsubishi Corp to Build Methanol Plant in Caribbean
Gas – Bloomberg reported that Mitsubishi Gas and Mitsubishi Corp have announced plans to build a plant that will produce methanol and dimethyl in the Caribbean.
Articles Tagged "mitsubishi corp"
Major Miners Put Iron Projects on Hold as Australia Key Port Stall
Iron – Reuters reported that mega miners such as Japan’s Mitsubishi Corp have put projects on ice due to the falling prices of iron ore, thereby stalling the completion of Australia’s key port, which could pave the way for a large iron ore belt export to the Asian market.
Codelco CEO Resignation Dampens Japan’s Interest in Chile
Copper – The unexpected resignation of Codelco's CEO last week is increasing worries about how the Chilean mining giant's dispute with Anglo American may pan out. As the conflict drags on, there is growing wariness about investing in Chilean mines from Mitsubishi, which has invested $5.4 billion for a 24.5 percent stake in Anglo American Sur, as well as from other potential overseas investors.
Coal Mining Production Growing Despite Volatility
Coal – Concerns of weakening US and Chinese growth and European instability have led to a drop in coal company share prices However, coal production levels and expansion investments remain robust on the back of continued emerging market growth.
BHP, Mitsubishi to Invest $4.2 Bln in Australia Coal Expansion
Coal – Reuters reported that a joint venture between BHP Billiton (NYSE:BHP) and Mitsubishi Corp (NYSE:MTU) will invest in the expansion of coal mining in Australia.
Lithium News from the Land of the Rising Sun
Lithium – Honda’s first attempt at mass marketing zero-emission motorbikes will use lithium-ion batteries that can be recharged to about 80 percent of capacity in 20 minutes using a rapid charger, or fully charged with a normal socket in four hours with the vehicle traveling a range of more than 30 km on a full charge.
Gold maintains value in tough times
Gold Investing News reports gold price remains stable as recession hits the global economy. Gold dropped in Asia on Wednesday, as a rally in the dollar continued for a third day, reducing the appeal of the precious metal as an alternative investment. “The dollar’s rebound has kept gold from gaining further,” Shuji Sugata, research manager [...]
