Home / Commodities / Freight News / S.Korea’s KOMIPO buys 600,000 T/Y of coal for Nov.2017-2022

S.Korea’s KOMIPO buys 600,000 T/Y of coal for Nov.2017-2022

Korea Midland Power Co Ltd (KOMIPO) bought 600,000 tonnes per year of Australian coal via a five-year term tender while cancelling a spot tender due to high prices, a source from the utility said on Thursday.

The utility will not re-issue the cancelled tender to buy 130,0000 tonnes of coal, the source said.

Details of the purchase and the cancelled tender are as follow:


Source: Reuters (Reporting by Yuna Park; Editing by Sunil Nair)

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