Queensland based Rocklands Richfield Limited, which owns a substantial coke making business in China has signed a Chinese partner to kick along development of its three Bowen Basin assets.

Rocklands said that it has an MoU with Chinese coal miner and processor, Kailuan Energy Chemical Company, which makes Kailuan responsible for raising funds for joint venture mining development.

Rocklands holds 100% of a Mineral Development Licence covering its Hillalong tenement in the northern Bowen Basin and 60% of two exploration permits in the basin, Rocklands and Richfield all three prospective for high-quality coking coals.

(Sourced from coalportal.com)