The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form F, which has been filed with the U. As part of the program currently under examination, Mitsui will build free of charge the solar power generation facilities and built-in irrigation pumps.
These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Titanium can be extracted from these ores and used to manufacture metallic parts where light weight and high strength are needed.
The average income is less than 1 USD per day. Currently, more than 60 multinational corporations throughout the world have signed the declaration, with the two signatory companies from Japan including Mitsui.
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We aim to achieve economic independence and reduce poverty for the model village through sustainable agricultural development by using the facilities to pump agricultural water from the river and expanding the area cultivated through the efforts of citizens of the model village.
The government therefore had to lunch another tender, won by the Zambezi Delta Consortium which then had days to negotiate with the government the terms and conditions for the project.
The program will be the first private sector partnership the UNDP has entered into with a Japanese company to support development in Africa. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, good tag names for dating sites or financial position expressed or implied by these forward-looking statements.
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Chinese Companies to Operate Chibuto Heavy Sands 4 November Two Chinese companies on Monday signed a contract with the Mozambican government to exploit the titanium-bearing heavy mineral sands in Chibuto district, in the southern province of Gaza.
Volumes for introduced apparatus planned Generation capacity of solar panels: Most of the men work overseas in countries such as South Africa, with the remaining women carrying out the agricultural work.
Mitsui itself will chibuto tenders dating to develop new, effective and sustainable BCtA initiatives based on the implementation and progress made in the above program.
The support program has cooperated with the other development programs in Mozambique under the control of the Ministry of Science and Technology. On May 6,the Administrator of the United Nations Development Programme UNDP at the time, Kemal Dervis, and British Prime Minister Gordon Brown invited innovative business leaders from throughout the world to an event in London and called for a declaration to be signed to promote an initiative to reduce poverty.
The restoration of agriculture in the country, which has been hit by natural disasters in recent years, is a pressing challenge.
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President and CEO Masami Iijima held talks yesterday and agreed to cooperate on a detailed investigation into building the above facilities through a Mitsui donation as part of the company's social contributions program.
Since the Irish company Kenmare Resources has the capacity to produce aroundtonnes of ilmenite a year from its dredge mine in Moma district, in the northern province of Nampula, a million tonnes a year from Chibuto would make Mozambique far and away the largest producer of ilmenite in the world.
The program is an example model plan of mini-infrastructure that brings simultaneous improvements to both energy renewable solar energy and water access.
Unlike charitable work, the initiative aims to contribute to poverty reduction in developing countries through the application of companies' economic activities, specialist skills and technology. Planning and promoting projects based on companies' state-of-the-art technologies is what the BCtA aims to achieve.
Location of Chibuto Village Notice: The sands at Chibuto contain known reserves of 72 million tonnes of ilmenite, 2.
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Program Implementation Outline Chibuto Millennium Village, Gaza Province, Mozambique km north of the capital city, Maputo Description of Chibuto Millennium Village "Chibuto district consists of a group of four rural villages of 3, households, with a population of 13, people. In the first phase, the two Chinese companies will employ Mozambican workers.
Zircon zirconium silicate is used for abrasive and insulating purposes. This press release includes forward-looking statements about Mitsui. Headquarters - Chiyoda-ku, Tokyo: The information contained in this release is true and accurate at the time of publication; however, it may be subject to change without prior notice.
The above program to construct irrigation facilities in Mozambique in cooperation with the UNDP is the first program planned for implementation under the auspices of Mitsui's BCtA Declaration. But the company did not meet the deadline, and so the tender was annulled.
Under this circumstance, the Mozambique government has selected model villages to implement practical measures to bring about the eradication of extreme poverty, better access to education and others as it seeks to achieve the MDGs.
The above initiative goes beyond our core business, but rather than simply donating facilities, we are looking at publicizing the project after the launch of operations in the hope of allowing other companies or programs throughout the world to use the model plan for similar scenarios.
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The minerals will be taken by road from Chibuto to the port of Maputo and then shipped to China for processing. As a knock-on effect of introducing the above program, Mitsui hopes to see greater future participation by companies in the BCtA and more concrete initiatives aimed at achieving the MDGs.
Securities and Exchange Commission. In the future, we hope to spread this model not just in Africa but over a wide range of regions throughout the world with similar problems in electricity and water supply infrastructure.
This is enough to keep a mine in production for 30 years. This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.
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We plan to launch irrigation operations immediately after construction is completed in The Chinese companies won the fourth tender launched by the government for the Chibuto heavy sands.
The MDGs contain eight specific numeric targets, such as halving global poverty, to be achieved by Ilmenite iron titanium oxide and rutile titanium dioxide are used to make white pigments for paints, paper and plastic. In Septemberthe Millennium Declaration adopted by the countries including heads of state in attendance at the United Nations Millennium Summit was combined with the international development goals adopted at major international conferences and summits held during the s to form a framework for a single shared global commitment known as MDGs.
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