Mitsui & Co., Ltd. (TSE:8031) acquired 60% stake in Komatsu Mining Corp. Perú from Komatsu Ltd. (TSE:6301) on November 7, 2023. Mitsui and Komatsu plan to jointly carry out a merger between KMCP and Komatsu Mitsui Maquinarias Peru a construction and mining machinery sales and service company in Peru, in 2024. The surviving entity will be KMMP, with Mitsui owning a 60% stake and Komatsu 40%.

Mitsui & Co., Ltd. (TSE:8031) completed the acquisition of 60% stake in Komatsu Mining Corp. Perú from Komatsu Ltd. (TSE:6301) on November 7, 2023.