Winsway and Marubeni Cooperate in Coal Sales    

Winsway Coking Coal Holdings Limited and Japan's Marubeni Corporation has formed a strategic cooperation partnership under which both parties have agreed to expand coal sales to the Chinese market through Winsway.
   The parties started their co-operation in 2009 and aimed to reach target sales of over 2 million tons per annum of coking coal from Australia, Canada and other countries.
   This strategic cooperation agreement includes provision for joint coal resource development to be conducted by both parties in the future and the possible consideration by Marubeni to acquire a shareholding in Winsway.
   Winsway focuses on trades and storage on chemical raw material and oil products, located in Beijing Economic, Technology and Development Zone.