RE:The mad scramble for copper That is a nice piece. Some very interesting stuff. KDK and MAX are paid advertisers on his site but I do like it and it has some good information. Teck is the obvious buyer for KDK when the time comes. But Mitsubishi is looking for more copper too.
Getting more current, Japan’s Mitsubishi Materials Corp in 2023 said it aims to more than triple its copper concentrate output through equity holdings by 2030, possibly through buying stakes in early and mid-stage development projects.
Japan has signed an agreement with Canada and Mitsubishi to help develop minerals in Canada has recently partnered with Frontier Lithium in a JV which now holds the PAK project with Mitsubishi set to take a 25% stake in that once the DFS is done, offering access to capital that could lead to a lithium mine. It is possible that could buy a stake in KDK, possibly coordinated with Teck so they maintain access to part of the production of a new Kodiak MIne.