Japanese conglomerate Sumitomo Corporation is putting its money behind the Hillalong coking coal project, about 105km west-southwest of Mackay.Project owner Bowen Coking Coal says Sumitomo has agreed to farm-in terms relating to the project.A non-binding term sheet executed between company subsidiaries will allow Sumitomo to earn an initial 10 per cent interest by funding $2.5 million […]
