24
Feb
00:00
Coal India mulls exit from government overseas mines joint venture
State-owned miner Coal India Ltd. (CIL) could sell its 28% stake in International Coal Ventures (ICVL), the Indian joint venture that owns the Benga coal mine in Mozambique, Kallanish learns from the company.
Following a meeting on 13 February, CIL’s board says the firm “should withdraw” from the joint venture, but has not provided a reason behind the decision. ICVL is owned jointly by state-owned companies Sail, CIL, RINL, NMDC and NTPC, a…
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Anonymous
Very good overview of the weekly steel market.
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