Japan's Kansai Electric Power and Kyushu Electric Power agree to acquire 1M tons of low-sulphur...
Wednesday, November 21, 2012, 4:12 AM ETJapan's Kansai Electric Power and Kyushu Electric Power agree to acquire 1M tons of low-sulphur high quality U.S. coal from Oxbow Carbon in a one-year deal. The contract comes as Japan's nuclear reactors remain closed following last year's Fukushima disaster. The prospect of selling more coal to Japan could boost the U.S.'s beleaguered coal sector, with stocks that might be worth watching today including BTU, ACI, RNO, OXF, JRCC, CNX, WLT, ANR, WLB and PCXCQ.PK.
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