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Korean giant buys into colliery

SOUTH Korean steel making giant POSCO has entered a joint venture with Hunter Valley coal miner R...

MiningNews.Net
Korean giant buys into colliery

Under the agreement, POSCO will buy 400,000 tonnes per annum of coal from Newpac in the 12 months from April 2007, and 500,000 tonnes per annum for at least the following four years. Resource Pacific...

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