CanAm to curb M&A in short term: De Smedt

Mar 12, 2013 | 03:47 PM | Stacy Irish

Tags  CanAm Coal, metallurgical coal, thermal coal, Jos De Smedt, Stacy Irish

NEW YORK — Canada’s CanAm Coal Corp. has no plans to acquire further metallurgical coal assets in the next year, president and chief executive officer Jos De Smedt said.

The Calgary, Alberta-based company currently has metallurgical and thermal coal assets in Alabama and Colorado.

"We have no plans over the next six to 12 months to target acquisitions. (But) if the right opportunity comes along, we’ll take a look at it," De Smedt told AMM sister publication Steel First.....

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