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Kobe Steel to Start Selling Upgraded Coal for Power Mills in May
Apr. 06, 2011 10:15AM PST
Industrial MetalsBloomberg reported that Kobe Steel (PINK:KBSTY) is working with potential customers on agreements to supply coal to power companies.
Bloomberg reported that Kobe Steel (PINK:KBSTY) is working with potential customers on agreements to supply coal to power companies.
The market news is quoted as saying:
Japan’s trade ministry and Kobe Steel opened the 8 billion yen ($95 million) Indonesian plant in December 2008. The plant processes lignite, or brown coal, which is used by power companies.
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