OREANDA-NEWS. May 16, 2011. Sojitz, Marubeni, JFE Shoji Trade and Nippon Steel Trading Acquire Interests in Australia’s Codrilla Deposit

Sojitz Corporation, Marubeni Corporation, JFE Shoji Trade Corporation and Nippon Steel Trading Co., Ltd. concluded a contract to acquire a total of a 19.7% interest in the Codrilla Deposit from Macarthur Coal Limited and CITIC Resources Holdings Limited. The mine is located 150 km southwest of Dalrymple Bay Port in Queensland, Australia.