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Anglo American approves Aquila hard coking Coal Project in Australia

Anglo American plc announces the approval by its Board of the Aquila project to extend the life of the Capcoal underground (Grasstree mine) hard coking coal operations in Queensland, Australia by six years, to 2028. With an expected attributable capital cost of US$226 million, development work is expected to begin in September 2019, with first longwall production of premium quality hard coking coal in early 2022.

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Mitsui: Kestrel New Mining Area Start Production

Mitsui & Co., Ltd (President and CEO: Masami Iijima) announced that the production from the new mining area owned by Kestrel Joint Venture (Kestrel J/V: Rio Tinto 80%, Mitsui 20%) in Queensland, Australia has commenced.

The Kestrel Mine commenced operation in 1992 and at present it produces approximately 4 million tons per annum (Mtpa) of high quality coking coal.

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Eagle Downs Hard Coking Coal Project - Response to Media Articles

Aquila Resources Limited (ASX:AQA) refers to recent media commentary regarding the status of the Eagle Downs Hard Coking Coal Project, which is 50% owned by Aquila.

Eagle Downs Coal Management Pty Ltd has been developing the Project’s Approved Programme and Budget for FY2014 and will present it for approval to Aquila Coal Pty Ltd and Vale SA’s wholly owned subsidiary, Bowen Central Coal Pty Ltd later in the week.

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Mechel Announces Signing Agreement with Baosteel

Mechel OAO (NYSE: MTL) announces that its subsidiary Mechel Carbon (Singapore) Pte. Ltd. has signed a memorandum for supplies of coking coal with Baosteel Resources Int. Co. Ltd., Baosteel Group Corporation's wholly-owned subsidiary focusing on raw materials supply.

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