(EnergyAsia, February 2 2011, Wednesday) — Japan’s trading house Sojitz Corp recently raised its stake in the Minerva coal mine in Australia’s Queensland state to 96% from 45%. The increase came about after it bought Felix Resources’ 51% interest in Minerva, which produces 2.8 million tonnes of premium thermal coal per year mostly for export…
AUSTRALIA: Japan’s Sojitz keen on buying Minerva coal mines
Posted on February 1, 2011 by EnergyAsia