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You are here: Home Archive 2010 June Weekly Edition 10th June STX eyes stake in Queensland coal venture

STX eyes stake in Queensland coal venture

by Colum Murphy, Hong Kong last modified Jun 21, 2010 12:04 PM

SOUTH Korea’s STX Group is considering joining a consortium to purchase a stake in an undisclosed coal mine in Queensland.

Company spokesman Lee Kwang-ho confirmed local media reports to that effect but did not elaborate on the proposal.
South Korean press reported the group was hoping to join with state-utility Korea Electric Power Corp to take at least a 10%...

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