Qld coal helps bolster Mitsubishi

JAPANESE giant Mitsubishi’s investment in Queensland’s Bowen Basin metallurgical coal sector with BHP is set to pay dividends with the company forecasting a higher full year profit forecast on the back of higher coal prices.

sponsored-logo
Qld coal helps bolster Mitsubishi Qld coal helps bolster Mitsubishi Qld coal helps bolster Mitsubishi Qld coal helps bolster Mitsubishi Qld coal helps bolster Mitsubishi

The soaring coal prices also lifted Mitsubishi’s recurring profit for the nine months through December 31 by 12% to a record 416 billion yen.

loader

Most read Archive