Industrial Metals

Reuters 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.

Click here to read the full Reuters report.

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