China’s Baosteel, Minmetals turn to Kyrgyzstan for coal – sources
SYDNEY, March 4 (Reuters) – China’s Baoshan Iron & Steel (Baosteel) and Minmetals Development are near deals to buy at least half a million tonnes of coal a year from an Australian firm operating in Kyrgyzstan, sources said.
The bid by the industrial conglomerates to get coal from China’s western neighbor comes amid efforts to curb the burning of the resource in and around the capital Beijing, where air quality has left the city shrouded in a noxious haze at times.
Read more: http://uk.reuters.com/article/2014/03/04/australia-coal-kyrgyzstan-idUKL3N0M114920140304
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