Winsway Seeks More Mines as It Concludes Grand Cache Purchase

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Winsway Coking Coal Holdings Ltd., which processes and transports coal to China from Mongolia, is seeking mines in Australia, Canada and Russia as it concludes the purchase of Canadian miner Grande Cache Coal Corp.

“You should expect some additional activity as far as acquisitions are concerned,” Executive Director Paul Struijk, who oversees acquisitions, said today in an interview in Hong Kong. He declined to provide details about potential targets.