TOKYO -- Nippon Steel will invest in Canadian mining company Teck Resources' coking coal business, aiming to procure high-quality coal for a steelmaking process that limits the environmental impact.
Company to bolster supply for 'carbon neutral' steelmaking
A bulk carrier being filled with coal for export in British Columbia, Canada. Nippon Steel is investing in a company that operates coking coal mines in the region. © Reuters
TOKYO -- Nippon Steel will invest in Canadian mining company Teck Resources' coking coal business, aiming to procure high-quality coal for a steelmaking process that limits the environmental impact.