Nittetsu Mining Co., Ltd. (JP:1515) has released an update.
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Nittetsu Mining Co., Ltd. faces a lawsuit filed by Mitsui Oil Exploration Co., Ltd. related to a steam blowout accident in Hokkaido, with claims amounting to 3,464 million yen. The lawsuit stems from a dispute over responsibility for the incident and the associated damages. The outcome of this legal battle could have an uncertain impact on Nittetsu’s financial results.
For further insights into JP:1515 stock, check out TipRanks’ Stock Analysis page.
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