BRIEF-Nippon Steel Official - New Kami Project In Canada Essentially Marks Its First Involvement In Greenfield Iron Ore Development Project

Reuters

2024-12-19

Dec 19 (Reuters) - Nippon Steel Corp :

* NIPPON STEEL OFFICIAL: NEW KAMI PROJECT IN CANADA ESSENTIALLY MARKS ITS FIRST INVOLVEMENT IN GREENFIELD IRON ORE DEVELOPMENT PROJECT

* NIPPON STEEL OFFICIAL: KAMI MARKS ITS FIRST ACQUISITION OF IRON ORE INTERESTS IN NEARLY 50 YEARS

* NIPPON STEEL OFFICIAL: WILL HOLD RIGHT TO OFFTAKE IRON ORE PROPORTIONAL TO ITS INVESTMENT RATIO

* NIPPON STEEL OFFICIAL: IRON ORE TO BE PRODUCED AT KAMI IS FOR HOT BRIQUETTED IRON, NOT FOR CONVENTIONAL IRON ORE FOR BLAST FURNACES

Source text: Further company coverage:

(Reporting by Tokyo Newsroom)

((+81345201189;))

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