TOKYO -- Nippon Steel and trading house Sojitz will purchase a combined 49% stake in a Canadian iron ore mine, the two Japanese companies said Thursday.
Steelmaker looks to acquire high-quality ore for low-carbon production

Nippon Steel and Sojitz expect to begin producing high quality iron ore in eastern Canada by around the end of the decade. (Source photos by Nikkei)
TOKYO -- Nippon Steel and trading house Sojitz will purchase a combined 49% stake in a Canadian iron ore mine, the two Japanese companies said Thursday.