Mitsui & Co. Acquires Stake in Iron Ore Project

Mitsui & Co., a Japanese multinational conglomerate, has acquired a stake in the Rhodes Ridge Iron Ore Project for $5.34 billion.

Project Details

• The acquisition was made by Mitsui & Co. for $5.34 billion.
• The company’s stock price closed at 2765 JPY as of the last available market data.

Market Performance

• The company’s 52-week high was 4182.5 JPY.
• The company’s 52-week low was 2401 JPY.
• Valuation metrics include:
  • Price-to-earnings ratio: 8.34443
  • Price-to-book ratio: 1.0677