China Energy to source at least 5Mt Mongolian coking coal from Jiayou International

12th May 2021 By: Reuters

China's Jiayou International Logistics said on Wednesday that its unit has signed agreement with China Energy Investment Corporation's affiliate to supply at least five-million tonnes of coking coal till the end of 2026.

The materials will be shipped from Mongolia, Jiayou said in a statement on the Shanghai Stock Exchange, adding that the agreement will be extended for another three years when expires if both parties agree.