News Articles for Marubeni

POSCO's proposed $4.4-billion Pilbara green iron plant has been recommended for approval by the state's environmental watchdog.

A proposed $4.4 billion iron processing plant could strengthen the business case of other major Pilbara projects.

Backers of a proposed $4 billion Pilbara iron plant have warned approval delays would likely see the project built in another country.

Woodside Petroleum lured a self-confessed ‘tech geek' from NASA to head its hydrogen plans, including a $1 billion-plus proposal for a Perth export hub.

Woodside Petroleum and Fortescue Metals Group have announced separate agreements today with major Japanese companies to assess production of green ammonia in Tasmania.

The two biggest Perth-based resources companies have furthered their interest in hydrogen, with one focused on export potential and the other investigating a more metropolitan project.

Iron ore miner Roy Hill Holdings is taking a further leap into the world of autonomous mining, selecting Epiroc and ASI Mining to convert its fleet of 77 trucks from manned to driverless use.

Local timber businesses have about $100 million of investments in planning as they hope to benefit from demand for environmentally friendly products.

SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state's exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.

Six years on from the collapse of the big managed investment scheme promoters, stable new ownership and a low currency are boosting the state's woodchip industry, despite the number of plantation hectares remaining almost unchanged.

The competition watchdog plans to grant a regulatory exemption to WA Chip & Pulp Co, which will allow the Japanese-owned woodchip exporter to continue its partnership with international grain trader Bunge at the Port of Bunbury.

Law firm Carr & Co is shifting to a new headquarters, signing a seven-year lease deal at the BGC Centre in the CBD.

One month after the state government named an Asciano-led consortium as preferred proponent for a major port expansion at Esperance, it has emerged that one of the key consortium members has withdrawn.

The Asciano-led Yilgarn Esperance Solution consortium has won the bid to design, build and operate a new multi-user iron ore facility at Esperance Port, understood to be worth about $200 million.

NRW Holdings has won a $200 million contract for concrete and earthworks at Hancock Prospecting's Roy Hill iron ore project.

Institutional investor New Forests has increased its forestry holdings stake in Western Australia and nationally by buying a 21,000 hectare estate.

Gina Rinehart has virtually ensured her family's long-held dream of operating its own iron ore mine, securing final funding for her massive Roy Hill project.

Increasing demand for hardwood plantation products has boosted the outlook for the much-maligned industry in Western Australia, but whether companies can capitalise on new growth will depend on how much suitable land they can access.

The $10 billion Roy Hill project has received a funding boost, with the Export-Import Bank of the United States approving a $US694 million loan to purchase American-made mining equipment.

The developer of the $10 billion Roy Hill iron ore project has secured a unique insurance scheme which safeguards the project against construction delays and wage blowouts caused by cyclones on the volatile Pilbara coastline.

Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.

Chinese interest in Australian property and resources may be in the spotlight, but Japan still has a significant foothold, particularly in WA.

Less than three years after opening an office in Perth, United States grain giant Gavilon Holdings has decided to exit the Western Australian market.

Mindax says it is a step closer towards developing its Mt Forrest iron ore project on the back of a binding joint venture agreement worth up to $52 million with Hong Kong-based investment company Perpetual Mining Holding.

The $10 billion Roy Hill project remains on track to start mining next year and achieve its first iron ore exports in the third quarter of 2015, its project director said today.

Mining industry pundits bemoaning the end of the ‘boom' will be pleasantly surprised to know that up to a dozen major projects could go ahead over the coming year.

Calibre Group has won a $23 million contract on the Roy Hill iron ore project, with the work proceeding ahead of the project's debt funding being finalised.

Two private consortia have been short-listed to tender for the design, finance, construction and operation of a new multi-user iron ore facility (MUIOF) at Esperance Port.

Civil and mining contractor NRW Holdings has won a $67 million contract at Gina Rinehart's Roy Hill iron ore mine in the Pilbara.

Engineering and construction contractor Decmil Group will construct port and rail facilities for Gina Rinehart's Roy Hill iron ore mine in the Pilbara, under a $71 million contract announced today.

Engineering group Parsons Brinckerhoff has signed on as a project management consultant at Gina Rinehart's $10 billion Roy Hill iron ore development in the Pilbara.

THE past 12 months was a lean time for lawyers working in the corporate finance field, with a slump in both takeover deals and capital raisings.

Gina Rinehart's private company Hancock Prospecting Pty Ltd has belatedly revealed the scale of its income and profits by lodging annual returns for 2010 and 2011 with the Australian Securities and

A consortium featuring Japan's Marubeni and Korea's POSCO has confirmed it will take a 30 per cent equity stake in Hancock Prospecting's Roy Hill iron ore project in the Pilbara, in a deal that val

South Perth-based Aztec Resources Limited has signed a long term contract for iron ore sales from its Koolan Island project with Japan's Marubeni Corporation.

Aztec Resources Ltd has signed a Letter of Intent with Marubeni Corporation paving the way for an off-market agreement and the provision of financial assistance for the Koolan Island Iron Ore project.