Itochu Opts Out of Drummond South American Partnership

Itochu opts out of Drummond South American partnership. Working to meet Japan’s green energy goals, Itochu Corp. is selling its 20% stake in Drummond Co.’s Columbia coal operations, the Japan Times reports. Itochu bought its stake in Drummond in 2011 for 126.5 billion yen and hopes to be out of the…

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