Sojitz agrees to divest Gregory Crinum coal mine in Australia

Bitget2026/10/14 05:32

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Sojitz agreed to transfer all interests in the Gregory Crinum Coal Mine business in Queensland, Australia.
The asset is held through its wholly owned subsidiary, Sojitz Development, giving Sojitz a 100% interest in the business.
Completion is subject to conditions precedent, including approvals from relevant authorities.
The divestment supports a broader plan to reduce exposure to Australian metallurgical coal assets.
Sojitz targets divesting all coking coal interests by 2050 as it shifts toward decarbonization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sojitz Corporation published the original content used to generate this news brief on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sojitz agrees to divest Gregory Crinum coal mine in Australia

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