First Mode Announces Strategic Alliance to Scale Clean Energy Solutions for Heavy Industry with Mitsui & Co., Ltd [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
announces a strategic alliance with Mitsui & Co., Ltd, ("Mitsui") the international trading company and investment group with extensive interests in the mining industry, to accelerate heavy industry's adoption of low-carbon and zero-emissions product solutions at scale. First Mode's considerable expertise in powertrain systems electrification and hydrogen technologies, coupled with Mitsui's global business network, will uniquely equip the alliance to explore new business opportunities that catalyze the integration of First Mode's Path to Zero™ product line into previously hard-to-abate sectors like mining. "We are honored to enter into a strategic alliance with Mitsui to support and help scale our solutions that are proven to reduce heavy industry's polluting outputs. The collaboration underscores our shared commitment to sustainability and the critical role of partnerships when addressing complex global challenges through innovation," said Julian Soles , CEO of First Mode. In m
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