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Mechel inks coal supply contract with STX

Russia's Mechel PAO signed a contract to supply coal to South Korea's STX Corp., according to an Oct. 17 release.

The deal covers the supply of up to 1.2 million tonnes of coking and thermal coal from Mechel's Southern Yakutia facilities and PCI product from its Southern Kuzbass Coal Co. unit in 2020.

STX also agreed to mediate in finding new potential clients for Mechel in Asia-Pacific.