06
Feb
15:32
Coal India Limited seeks foreign mine acquisitions
Coal India Limited (CIL) is scouting for coking coal assets abroad in order to offset constraints on techno-commercially viable Indian domestic coking coal reserves, according to Indian’s coal ministry.
“The recent spurt in global coal prices, particularly for coking coal, is expected to create an encouraging scenario for such an acquisition process,” the ministry says in a note seen by Kallanish.
CIL recently surrendered two prospecting lic…
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Anonymous
Very good overview of the weekly steel market.
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