Shikoku to Expand Consumption of Australian Non-Branded Coal to 40%

摘要

Japan’s Shikoku Electric Power Co. aims to expand consumption of Australian non-branded coal up to 40% out ofthe total. The company will co-founded a new company “YN Energy Pty Ltd” with Noble Resources International inNewcastle by the end of April. Two companies own 50% shares each.The main task of YN Energy is to supply non-branded coal to Shikoku. However, the new company will also sellcoal to other coal consumers.