Sanichi to supply steam coal to China’s Guangxi

  • Business
  • Friday, 16 Dec 2011

KUALA LUMPUR: Sanichi Technology Bhd has received a letter of intent from Guangxi Huayin Aluminium Co Ltd for the purchase of 150,000 tonnes of steam coal monthly for a year.

“The company will need to seek out a total supply of 1.8 tonnes (of steam coal) for the year to satisfy demands from the buyer,” Sanichi said in a filing with Bursa Malaysia.

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