Energy and Natural Resource Financing for Acquiring Interest in Coal Mine
Contributing to Securing Energy Resources and Their Stable Supply

  • Area: North America
  • Energy and Natural Resources

JBIC signed a loan agreement with Marubeni Corporation for acquisition of, through Marubeni Coal Canada Ltd., 40% of equity shares in Grande Cache Coal Corporation, which holds the Grande Cache Coal Mine in Alberta. The coking coal produced in this mine will be supplied to Japanese blast furnace steelmakers and coke manufacturers over the long term, thus this transaction has a major significance in securing a stable supply of coking coal to Japan.

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