CSC will purchase the stake from the Australian miner MCG company.
The firm will invest a total of about AUD$102m ($109m) in the Australian coal mine, including AUD$50m ($53m) for the 10% stake in the mine.
Furthermore, the Taiwanese steel producer will spend AUD52m ($55m) on new facilities and other capital expenditures at the mine.
CSC will receive 600,000million tonnes of metallurgical coal from the mine annually, accounting for 10% of the mine’s annual output capacity, reports steelorbis.com
