Sumitomo, Sojitz May Join Project to Develop Siberia Coal Field

Sumitomo Corp., Japan’s third-largest trading company, is considering teaming up with a Russian partner to develop a coal field in Siberia that could help to meet growing demand for the fuel from Japanese steelmakers.
Russian companies will take the lead in developing the Elga deposit in Russia’s Republic of Sakha (Yakutia), Sumitomo Managing Executive Officer [...]

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