http://af.reuters.com/article/metalsNews/idAFSGE69I0KI20101019 UPDATE 1-JFE acquires Aussie coal-mining rights - Nikkei Tue Oct 19, 2010 7:22pm GMT
JFE Steel's unit JFE Shoji Trade Corp.
JFE Steel spent about 50 billion yen last year to take a 20 percent stake in a Queensland coal-mining project slated to begin shipments in 2013, the Nikkei said.
Rival firm Nippon Steel Corp (5401.T: Quote) has secured mining interests in Queensland as well, according to the daily.
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