COALFIELDS IN QUEENSLAND
Details Of £l2m Project Soon
(N.Z P A.-Reuter—Copyright) MELBOURNE, Jan. 5.
Theiss Holdings, Ltd., will announce full details within a few weeks of its £l2 million project for development of the Queensland Kianlga-Boura coalfields, according to the Melbourne "Age.” It was learned that the huge Mitsui industrial and trading group, of Japan, will join the Peabody Coal Co., of the United States in providing finance for this vast long-term project. The Peabody Coal Company is one of the largest coal producers in the world.
It is also understood Mitsui will enter into a firm long term contract to buy steel-making coal in large annual quanties from the Queensland field.
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Bibliographic details
Press, Volume CI, Issue 29714, 6 January 1962, Page 16
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112COALFIELDS IN QUEENSLAND Press, Volume CI, Issue 29714, 6 January 1962, Page 16
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