Posco signs pact to take 5% stake in two Australia coking coal mines

Dec 15, 2004 | 08:46 AM |

South Korea's Posco Ltd. has signed an agreement to buy a 5-percent stake in two eastern Australian coking coal mines from Greenwich, Conn.,-based AMCI Inc.

In return for its investment, the Seoul-based steelmaker has secured a combined 1.2 million tonnes of coal output from the mines each year for 10 years.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results