Sojitz Corporation
Sojitz Corporation is a Japan-based holding company engaged in the trading and distribution of goods. The Company operates in six core business segments. The Machinery and Space Aeronautics segment offers automobiles and automobile parts, construction and industrial machinery, power-generating equipment, bearings, marine vessels and airplanes. The Energy and Metal Resources segment provides petroleum and gas, petroleum products, aluminum, coal, iron, zinc, bronze and tin. The Chemicals and Synthetic Resins segment offers organic and inorganic chemicals, fine chemicals, chemical fertilizers, cosmetics, industrial salt and plastic molding machines. The Construction and Timber segment is engaged in purchase, sale, leasing, brokerage and management of real estate. The Lifestyle segment offers cover textiles, non-woven fabrics, marine products, foodstuffs and bedding products. The Overseas Corporation Segment has operating locations worldwide that deal with various products and services.
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Kibaran Resources Ltd (ASX:KNL) is pleased to announce that it has started studies on expanding its Epanko Graphite Project in Tanzania. The studies, which will focus on increasing Epanko's capacity from 40,000 tonnes a year of graphite concentrate to 60,000t, follow the recently announced binding agreement with Japanese commodities giant Sojitz Corp (TYO:2768).
Most Asian markets ended lower Thursday, giving up gains from the previous session. Japan's Nikkei 225 finished down 2.4% as exporters were hit by the stronger yen. Other major indexes including China's Shanghai Composite, Hong Kong's Hang Seng Index and South Korea's Kospi ended with rather small changes as investors were not confident to the economic outlook and waiting for a clear picture.
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