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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