You are here

SUBSCRIBERS

Japanese picking up coal assets amid signs of market bottoming

Tokyo

ONLY a few months ago, a potential buyer said Japanese trading house Marubeni Corp was prepared to sell a costly stake in a Canadian coal mine for as little as US$1.

But a flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes