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Russia to export coal to China

Steel News - Published on Thu, 24 May 2012

It is reported that Russia will export high-quality mineral coal from the Zyryanovskoe deposit in Siberia to China starting from August.

An agreement to that end was signed in the Siberian city of Yakutsk on Tuesday. The agreement outlines the terms, the volume and the prices of the supplies.

In the first year, China will receive up to 30,000 tons of Russian coal, but it is planned to increase this volume up to 550,000 tons a year by 2016.

Source - Itar -TASS

(www.steelguru.com)

Posted By : admin on Thu, 24 May 2012
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