Marubeni Corporation has acquired an additional 6.7% stake in Jellinbah Group Pty Ltd, enhancing its ownership to 40%, a strategic move aimed at strengthening its position in the global steelmaking coal market.
Target Company Overview
Marubeni Corporation, a major player in global trading, has acquired an additional 6.7% stake in Jellinbah Group Pty Ltd, now increasing its ownership from 33.3% to 40%. Jellinbah Group is a key operator of the Jellinbah East and Lake Vermont steelmaking coal mines located in Queensland, Australia. The company has been providing high-quality steelmaking coal since its establishment in 1988, contributing significantly to the global steel supply chain.
As a principal shareholder, Marubeni plays a crucial role in the management and operational excellence of these mines, which produce an estimated 5 million tonnes of coal per annum. The Jellinbah mines are essential for meeting the global demand for steel, which is anticipated to grow alongside population and economic growth.
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Industry Overview in Australia
The Australian coal industry is a major contributor to the national economy, particularly through steelmaking coal, which is vital for iron production. With Australia being one of the leading exporters of metallurgical coal, it plays an inte
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Marubeni Corporation
invested in
Jellinbah Group Pty Ltd
in 2025
in a Corporate VC deal