YanCoal Australia and POSCO sign coal sales agreement for 2020
2019-12-20 17:20:00 [Print]
YanCoal Australia Limited announced on December 19, 2019 that the company has entered into four coal sales agreements with POSCO or its affiliates, under which POSCO or its affiliates agreed to purchase coal from YanCoal Australia in 2020
. For the fiscal year ending on December 31, 2020, the maximum annual transaction amount that YanCoal Australia will receive from POSCO or its affiliates for coal sale will not exceed USD600 million.