Several Japanese Firms Acquire Overseas Coal Assets

摘要

While Chinese firms including Baosteel Group Corporation have been working toward to impound excellent coal assets, several Japanese firms have been acquiring coal assets in Australia, etc. one after the other for these two months or so. Firstly, Sumitomo Corporation obtained the interest in Clermont coal mine, a large-size thermal coal mine in the State of QLD in cooperation with Glencore plc on June 2.