# C_2020035EN.01000801.xml

| 3.2.2020 | EN | Official Journal of the European Union | C 35/8 |
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3.2.2020

EN

Official Journal of the European Union

C 35/8

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Prior notification of a concentration

(Case M.9726 — Itochu/AMCI/POSCO/JVLP/NCR)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 35/06)

1.

This notification concerns the following undertakings:

| — | Itochu Corporation (‘Itochu’, Japan), |
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Itochu Corporation (‘Itochu’, Japan),

| — | American Metals & Coal International, Inc. (‘AMCI’, USA), |
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American Metals & Coal International, Inc. (‘AMCI’, USA),

| — | POSCO Corporation (‘POSCO’, South Korea), |
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POSCO Corporation (‘POSCO’, South Korea),

| — | Jaz Ventures, L.P. (‘JVLP’, USA), |
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Jaz Ventures, L.P. (‘JVLP’, USA),

| — | North Central Resources, LLC (‘NCR’, USA), a joint venture. |
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North Central Resources, LLC (‘NCR’, USA), a joint venture.

Itochu, AMCI, POSCO and JVLP acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of NCR.

The concentration is accomplished by way of purchase of shares.

2.

| — | Itochu is active across a wide range of industries including steel products, textiles, industrial machinery, electronics, chemicals, food and financial services, |
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Itochu is active across a wide range of industries including steel products, textiles, industrial machinery, electronics, chemicals, food and financial services,

| — | AMCI is a privately held natural resources investment company, with operations in a number of areas affecting energy and metal commodities, including investments in coal and minerals, metals and shipping, |
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AMCI is a privately held natural resources investment company, with operations in a number of areas affecting energy and metal commodities, including investments in coal and minerals, metals and shipping,

| — | POSCO is involved in a range of mining industries such as iron ore, nickel, coal and renewable energy. POSCO currently operates two steel mills in Korea, |
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POSCO is involved in a range of mining industries such as iron ore, nickel, coal and renewable energy. POSCO currently operates two steel mills in Korea,

| — | JVLP is a family limited partnership holding a variety of investments in energy companies, |
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JVLP is a family limited partnership holding a variety of investments in energy companies,

| — | NCR is a joint venture whose aim is to hold, develop, explore, construct and exploit commercially a greenfield coking coal project in West Virginia. |
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NCR is a joint venture whose aim is to hold, develop, explore, construct and exploit commercially a greenfield coking coal project in West Virginia.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9726 — Itochu/AMCI/POSCO/JVLP/NCR

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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