ITOCHU and Mitsui & Co completed the acquisition of a minority stake in the Ministers North iron ore deposit from BHP.

ITOCHU, a global trading company, and Mitsui & Co, a general trading and investment company, completed the acquisition of a minority stake in the Ministers North iron ore deposit, a mining project, from BHP, a mining company. ITOCHU will own an 8% share of the Deposit, while Mitsui and BHP will own 7% and 85%, respectively. Financial terms were not disclosed. .