ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japanese metal producers selling rights to Canadian mine

Mitsubishi Materials, Dowa, Furukawa see few years remaining in copper site

TOKYO -- Three Japanese companies will sell their combined 50% interest in a Canadian copper mine, as the development is seen having only about five more years of operational life.

Metal producer Mitsubishi Materials owns a 35.71% interest in the Huckleberry mine while Dowa Metals & Mining and machinery manufacturer Furukawa each hold 7.14% stakes. The group agreed to sell its portion to Canadian partner Imperial Metals for a total of $2 million.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more