Marubeni Corporation Strengthens Its Position in the Australian Steelmaking Coal Market with Acquisition of Additional Interest in Jellinbah Group
Tokyo, Japan & Sydney, Australia – June 29, 2025 – Marubeni Corporation, a globally diversified trading and investment company, is pleased to announce the acquisition of an additional interest in Jellinbah Group, a prominent operator of steelmaking coal mines in Queensland, Australia. This strategic move, finalized on June 29, 2025, underscores Marubeni’s commitment to its natural resources business and its confidence in the long-term value of high-quality steelmaking coal.
The Jellinbah Group operates the Jellinbah open-cut coal mine and the Lake Vermont open-cut coal mine, both located in the Bowen Basin region of Queensland. These mines are renowned for producing premium hard coking coal, a critical component in the steelmaking process. Steelmaking coal, also known as coking coal or metallurgical coal, is distinct from thermal coal, which is primarily used for power generation. The quality of steelmaking coal directly impacts the efficiency and quality of steel produced, making it a vital commodity for global manufacturing and infrastructure development.
This latest acquisition represents an expansion of Marubeni’s existing stake in the Jellinbah Group, further solidifying its partnership with the company. Marubeni has been a participant in the Jellinbah Group since 2002, and this increased investment reflects the positive and successful nature of their long-standing relationship. The companies share a common vision for responsible and efficient resource management, as well as a dedication to contributing to the local economies and communities where they operate.
The acquisition is expected to enhance Marubeni’s global supply capabilities for steelmaking coal, a sector experiencing sustained demand driven by global industrial growth. By increasing its ownership, Marubeni aims to leverage its extensive global network and expertise to optimize the marketing and distribution of the coal produced by the Jellinbah Group’s mines. This will further strengthen Marubeni’s position as a reliable supplier of essential raw materials to the international steel industry.
“We are delighted to further our investment in the Jellinbah Group,” said a spokesperson for Marubeni Corporation. “Our partnership with Jellinbah has been mutually beneficial, and this increased interest is a testament to our shared commitment to operational excellence and the enduring importance of high-quality steelmaking coal in the global economy. We look forward to continuing to work closely with the Jellinbah team to deliver value and contribute to the sustainable development of Australia’s resources sector.”
This strategic acquisition aligns with Marubeni’s broader corporate strategy of investing in stable and growing resource businesses. The company remains committed to conducting its operations with the highest standards of safety, environmental stewardship, and corporate social responsibility. Marubeni believes that this enhanced involvement in the Jellinbah Group will create further opportunities for growth and contribute to the long-term success of both organizations, as well as the broader steelmaking industry.
Acquisition of Additional Interest in Jellinbah Group, a Steelmaking Coal Mine Operator in Australia
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