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88娱乐城
According to the Jiji Press Service the value of the acquisition was not disclosed by the two Japanese trading firms.
The deal will increase Marubeni's stake in the Hail Creek coal mine to 6.66% and Sumitomo's interest to 3.33%. Rio Tinto鈥檚 share will amount to 82% after Nippon Steel Corp acquired a stake of 8% last week.
Jiji Press Service said Marubeni and Sumitomo will capitalize on a plan by the Rio Tinto unit to boost annual production to 8 million tons from 5.5 million tons by the end of this year to meet growing demand from China and other countries.
