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Xstrata and JX Nippon form JV to Sell Coal to Japan
Mar. 13, 2012 05:15PM PST
Industrial Metals InvestingReuters reported that Xstrata (LSE:XTA) will sell Canadian coking coal to Japan in a joint venture with JX Nippon.
Reuters reported that Xstrata (LSE:XTA) will sell Canadian coking coal to Japan in a joint venture with JX Nippon.
As quoted in the market news:
JX Nippon’s Australian unit paid $435 million in cash for a 25 percent stake in Xstrata Coal British Columbia, the companies said on Tuesday.