Coal-Chemical Collaboration

Mitsui & Co. says it has reached an agreement with mining company Shenhua Group (Beijing) for a comprehensive alliance to expand coal trading between Japan and China; jointly develop overseas coal mines, collaborate in the coal-chemicals business, and develop of environmental and efficient energy-use businesses. The companies say the plant to collaborate on various projects including the supply of coal from overseas to China, where coal demand has been rising rapidly in recent years; coal-mine projects in regions including Inner Mongolia, where there are...

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