Australian Coal Contract Negotiations For FY 2010 With Electricities Re-Opening-Representatives of Xstrata Coal Arriving Japan this week

摘要

Australian thermal coal contract negotiations for the fiscal year 2010 (starting in April 2010) with Japanese electric power companies are to be resumed this week (week of 8th March). The representatives of one of the major Australian coal suppliers, Xstrata Coal, arrive in Japan to enter negotiations with the electric power companies. The metallurgical coal negotiations have been partially settled even only for the first quarter (April-June), it is expected that this time serious thermal coal negotiations would be started by presenting official offer.