Kobe Steel to Start Selling Upgraded Coal for Power Mills in May

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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