21
Nov
09:33
TerraCom to ship 1.5m t/y HCC to China
Australia’s TerraCom has resumed production at its Baruun Noyon Uul (BNU) Coal Mine in Mongolia following a new offtake agreement with China’s Kingho Group (China Qinghua). The deal could see almost 1.5 million tonnes/year of coking coal shipped into northern China from the mine, Kallanish notes.
The deal also allows TerraCom to focus exclusively on mining the coal, while Kingho is responsible for managing the supply chain to Chinese steel …
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