(EnergyAsia, December 10 2010, Friday) — Itochu Minerals & Energy of Australia Pty Ltd (IMEA), a subsidiary of Japan’s Itochu Corporation, has agreed to pay Australia’s Aston Resources Limited A$345 million for a 15% stake in the Maules Creek coal project in New South Wales state. (US$1=A$1.02). In jointly announcing the deal, the two companies…
AUSTRALIA: Japan’s Itochu to pay A$345 million for 15% stake in Maules Creek coal project
Posted on December 9, 2010 by EnergyAsia