EUROPEAN COMMISSION COKE PLANT DEAL COMPETITION APPROVAL, CYPRUS, RUSSIA, JAPAN, LUXEMBOURG

BY KEITH NUTHALL

THE EUROPEAN Commission has cleared joint control of a Cypriot company Coke Oven Overseas Contribution Ltd by Mitsui & Co, of Japan, and the Evraz Group, of Luxembourg. The joint venture will exploit the Denisovskaya coal field in Yakutia, east Siberia, selling to Asian customers. Evraz already mines coking coal elsewhere.

ENDS


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