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Mitsui Woodchip team signs MOU with the Tiwi people of Northern Territory, Australia

Mar. 11, 2014


On February 10, 2014, Mitsui & Co., Ltd. sent a delegation of managers to the Tiwi Islands in Northern Territory, Australia to sign a MOU for the marketing of woodchips from the Tiwi Islands. Mr. Yasushi Takahashi, Managing Director (MD) and Chairman of Mitsui & Co. (Australia) Ltd. and Mr. Makoto Tatara, MD of Mitsui Bussan Woodchip Oceania Pty. Ltd. (MWO) travelled to the Tiwi Islands to sign the MOU and to inspect Port Melville, currently under construction.

The MOU gives Mitsui exclusive rights to market the hardwood woodchips produced from the 30,000ha of Acacia mangium tree plantations currently growing on the Tiwi Islands. This project adds a new species and supply source to MWO's current supply basket. The resource shows good pulping characteristics and is positioned in close proximity to Asian markets.

The Chief Minister of the Northern Territory, the Honorable Adam Giles, attended the ceremony where he gave a speech in support of the project. Various media outlets attended the ceremony and Mitsui received positive public relations exposure on television and online media. Tiwi representatives performed a traditional dance for Mitsui to show their appreciation for Mitsui's commitment to marketing their woodchips. Mitsui presented a daruma doll and joined with Tiwi representatives to paint one eye in accordance with a Japanese tradition which symbolizes the need for ongoing diligence to make the project a success.

From left: Mr. Francis Kurrupuwu, MLA. Member for Arafura; Mr. Makoto Tatara, MD of Mitsui Bussan Woodchip Oceania Pty Ltd.; Mr. Gibson Illortaminni, Chairman, Tiwi Land Council & Director of the Tiwi Plantations Corporation; The Honourable Adam Giles, MLA, Chief Minister of Northern Territory Government; Mr. Yasushi Takahashi, MD and Chairman of Mitsui & Co. (Australia) Ltd.; and Mr. Cyril Kalippa, Chairman, Tiwi Plantations Corporation, Founding Chairman of the Tiwi Land Council.From left: Mr. Francis Kurrupuwu, MLA. Member for Arafura; Mr. Makoto Tatara, MD of Mitsui Bussan Woodchip Oceania Pty Ltd.; Mr. Gibson Illortaminni, Chairman, Tiwi Land Council & Director of the Tiwi Plantations Corporation; The Honourable Adam Giles, MLA, Chief Minister of Northern Territory Government; Mr. Yasushi Takahashi, MD and Chairman of Mitsui & Co. (Australia) Ltd.; and Mr. Cyril Kalippa, Chairman, Tiwi Plantations Corporation, Founding Chairman of the Tiwi Land Council.
At the signing ceremonyAt the signing ceremony