JBIC funds JFE's stake in Blackwater coking coal mine
JBIC has agreed a JPY34.2 billion (over $235 million) loan with JFE Holdings to acquire a stake in the Blackwater Coal Mine in Australia.The funding - co-financed by Mizuho, SMBC, and MUFG to bring the total amount to JPY57 billion - will JFE's subsidiary JFE Steel's deal for the project in...