Japan, Dec. 17 -- Mitsui & Co., Ltd. ("Mitsui") has completed the full acquisition of a 40% interest in the Rhodes Ridge iron ore project, which is co-owned with leading resource company Rio Tinto and AMB Holdings Pty Ltd ("AMB"), on December 11. The Rhodes Ridge JV has now decided to proceed with a Feasibility Study for the development of the iron ore deposits.The Feasibility Study is based on the positive results of the Pre-Feasibility Study completed in December 2025 and represents an important milestone toward the Final Investment Decision. The project will be a staged development, and this Feasibility Study focuses on the initial production stage of 40-50 million tons per annum.The initial production stage is designed to leverage exist...