Mar. 16 – Japanese firms, Kobe Steel and Sojitz are planning to build a US$300 million venture that will produce iron nuggets.
The study of the iron mines will require an initial investment of US$1 million, the report said.According to Thanh Nien News, there is a possibility that Japan’s Daido Steel Co. may also join the project as a distributor. Kobe Steel is the fourth largest maker of the metal in Japan.
Vietnam Briefing is one of four regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Hanoi, Ho Chi Minh City, and Da Nang in Vietnam. Dezan Shira & Associates is part of the Ascentium Group, a global business services platform with over 2,900 professionals across 58 cities in 27 markets, strengthening the firm's on-the-ground ability to support clients across Asia and globally.
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