Marubeni, Hitachi form JV for mining equipment sales in Brazil [Yahoo! Finance]
MARUBENI CORP UNSP/ADR (MARUY)
NASDAQ:AMEX Investor Relations:
marubeni.com/ir
Company Research
Source: Yahoo! Finance
ZAMine Brasil offers a comprehensive platform for products and services, leveraging Marubeni's business management expertise and customer networks along with Hitachi Construction Machinery's advanced technological capabilities. The aim is to meet the diverse requirements of clients in the Brazilian mining sector. ZAMine Brasil's establishment is a strategic move by Marubeni to bolster its sales and service structure in the Brazilian market. The company is committed to contributing to Brazil's development by harnessing the collective experience and capabilities of both Marubeni and Hitachi Construction Machinery. Hitachi Construction Machinery Group is restructuring its mining business in South America, including Brazil. The move is aimed at generating sales revenue of Y300bn or more from full-scale independent business in the Americas in fiscal year 2025. In July 2023, Hudbay Minerals and Marubeni sealed a memorandum of understanding for an exploration partnership related t
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