(EnergyAsia, July 19 2010, Monday) — The Chinese government has approved a proposal by state-owned China Coal Import & Export Company (CCIEC) to establish a A$30 million joint venture mining project with Australia’s MetroCoal Limited. (US$1=A$1.2). CCIEC, , a subsidiary of China National Coal Group or China Coal, has acquired a 51% interest in MetroCoal’s…
AUSTRALIA: Chinese government approves MetroCoal-China Coal joint venture
Posted on July 18, 2010 by EnergyAsia