Nippon Steel to invest in Canadian miner to secure high-grade coal

Company to bolster supply for 'carbon neutral' steelmaking

20230221N Canada coal export

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

SHUHEI OCHIAI, Nikkei staff writer

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.

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