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Mitsui ups Collahuasi stake, exits Los Pelambres

Japanese trading house Mitsui (JP:8031) has upped its stake in the Collahuasi copper mine in Chile while also selling out of Los Pelambres in an arrangement with JX Nippon Mining & Metals and Marubeni (JP:8002).

Mitsui ups Collahuasi stake, exits Los Pelambres Mitsui ups Collahuasi stake, exits Los Pelambres Mitsui ups Collahuasi stake, exits Los Pelambres Mitsui ups Collahuasi stake, exits Los Pelambres Mitsui ups Collahuasi stake, exits Los Pelambres

Mitsui throws a little more Collahuasi onto the pile

Mitsui now holds 11.03% of the 500,000 tonnes per annum copper mine.

It bought out JX's 3.6% share, handing the fellow Japanese conglomerate two thirds of its 1.