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AUSTRALIAN METALLURGICAL COAL
India's steel ambitions face a coal reality checkIndia faces challenges securing metallurgical coal for its expanding steel sector. Australia's declining exports create a significant suppl...- India's JSW Steel CEO says mills in talks with govt on trade measures against importsThe Indian steel industry is engaging with the government to address the surge in steel imports, notably from China and Vietnam. This comes...
- JSW Steel in talks for $1 billion stake in Australia's Blackwater coal mineJSW Steel, India's largest steel producer, is in talks with Whitehaven Coal for a stake in its Blackwater metallurgical coal mine in Austra...
- Australia shares close lower as healthcare, tech stocks dragTech stocks also fell 1.72%, dragged by Xero Ltd and heavyweight Afterpay, down 4.86% and 0.64%, respectively.
- India urges Australia to work out favourable differential pricing for metallurgical coalPradhan called for greater investment flow from Australia and sharing of best practices in the fields of LNG, coal and uranium.
- Hurting for buyers, US coal miners are learning to love IndiaIndia is extending a lifeline to US miners amid the coming endgame for coal-fired power plants.
- Moody's upgrades Adani's Abbot Point rating to stable from negativeThe rating is on the senior secured debt and senior secured bank credit facility ratings of the company.
- SAIL eyes South Africa, Canada for coal importSAIL is a buyer of around 12 million tonnes (mt). Out of this, 9-10 mt come from Australia (BHP Billiton). The supply by BHP is fluctuating...
- Centre plans to auction six coking coal mines"The Coal Ministry will put on offer six coking coal blocks for captive purposes," an official privy to the development said.
- CIL mulls acquiring coking coal mines in AustraliaIndia's dependence on imports is particularly heavy on coking coal which is a vital ingredient in the steel making process.
- Auditor questions Gujarat NRE coking coal’s ‘ability to survive’Gujarat NRE Coking Coal, the Australian subsidiary of Kokata-based Gujarat NRE Coke, is being buffeted by losses and workers' strike over u...
- CIL to seek revised MDO contract interest next weekCoal India is to come out with a revised tender next week for request for qualification (RFQ) for mine development in seven projects.
- JSPL makes AUD 222-million bid to acquire Gujarat NRE Coking CoalJindal Steel and Power (JSPL) today made an all-cash AUD 221.61 million (about Rs 1,200 crore) offer to buy out Gujarat NRE Coking Coal Ltd
- Jindal Steel & Power Ltd buys 10 per cent stake in Australian arm of Gujarat NREJindal Steel & Power Ltd has entered into an agreement with Gujarat NRE Coking Coal to pick up a 10 per cent strategic stake in the company.
- Gujarat NRE secures $100 million loan for Australian subsidiaryGujarat NRE's Australian subsidiary owns and operates two hard coking coal mines in New South Wales (NSW) province of Australia.
- Guj NRE Coke to invest $450mn in Australian mines by 2015Coal miner major Gujarat NRE Coke on Monday said it would invest $450 million in its coal mines in Australia to take in the next five years.
- Coke prices to be up by 5,000 a tonne by Dec: Gujarat NREGujarat NRE Coke is in the process to expand its capacity to produce the metallurgical coke to feed the rising demand.
- Coal India close to sealing mine deals with PeabodyCoal India Ltd is on the verge of closing a deal with US-based miner Peabody Energy that would give it a stake in four Australian coal mine...
- Gujarat NRE's subsi to list on ASXGujarat NRE Coke said its Australian subsidiary India NRE Minerals will list on the Australian Securities Exchange on July 10.
- Gujarat NRE's Australian unit to raise AUD 25 mn via IPOMetallurgical coke producer Gujarat NRE today said its Australian subsidiary India NRE Minerals Ltd (INREML) is seeking to raise up to 25 m...
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