Mitsui & Co. Ltd. and mining group Anglo American Plc. agreed to buy coal stakes in Australia

Mitsui & Co. Ltd. and mining group Anglo American Plc. have agreed to buy coal stakes in Australia from Canada’s Sennen Resources Ltd. and Australia’s DJB Coal Pty Ltd., Mitsui said on Friday.
Under the deal, Mitsui’s Mitsui Coal Holdings will obtain 49 percent of the interests in Collingwood and Ownaview deposits located in the Surat [...]

Read more