(EnergyAsia, November 3 2011, Thursday) — South Korea’s LG International said it is expanding its stake in the Ensham thermal coal mine in Australia’s Queensland state from 5% to 15%. LGI said it will pay about US$50 million to acquire the additional stake from Japanese electric power company J-Power that will boost its annual production…
AUSTRALIA: South Korea’s LGI raising stake in Queensland coal mine from 5% to 15%
Posted on November 3, 2011 by EnergyAsia