Aug. 22, 2024
Nippon Steel Corporation
Nippon Steel Corporation (Nippon Steel) has entered into an equity participation
agreement with Whitehaven Coal Limited (WHC) to acquire a 20% interest in the Blackwater coal mine (BW
Coal Mine) in the State of Queensland, Australia. In addition, Nippon Steel has entered into long-term
coal offtake rights agreement with WHC, under which WHC will supply steelmaking coal produced at the BW
Coal Mine to Nippon Steel.
The details are described below.
