Brief: Jiayou International Logistics To Buy 20% Stake In Khangad Exploration LLC

Mongolian Mining

21/02/2024 10:29

Feb 21 (Reuters) - Jiayou International Logistics Co Ltd
 603871.SS :
    * SAYS IT PLANS TO BUY 20% STAKE IN KHANGAD EXPLORATION LLC
OWNED
BY MONGOLIAN MINING'S UNIT FOR $88.8 MILLION
    * SAYS IT SIGNS LONG-TERM COOPERATION AGREEMENT TO BUY 17.5
MLN
METRIC TONS OF COAL FROM MONGOLIAN MINING CORPORATION WITHIN 10
YEARS 

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 (Reporting by Beijing newsroom)
 ((Ella.Cao@thomsonreuters.com;))