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MOZAMBIQUE COAL DEAL
Indian steel tycoon’s pathway to $74 million Mozambique coal deal reopensJSW Steel can now proceed with acquiring a Mozambique coal deposit after the seller, Minas de Revuboe (MdR), regained concession rights pre...- Indian steel titan JSW Steel’s coal deal frozen amid Mozambique legal rowJSW Steel's acquisition of a coal concession in Mozambique is stalled by legal disputes after the government's revocation of MdR's mining l...
- India and Mozambique to expand fight against terrorThese issues, along with efforts to curb illegal narco smuggling, which fuels terrorism, and to expand defence ties, including maritime sec...
- Coal India to be part of new special purpose vehicle for ICVL's first buyoutNTPC may not join the new SVP, although a top ICVL official clarified that there are no immediate plans to restructure the consortium.
- ICVL buys coal mines in Mozambique for a bargain-basement price of $50 million from Rio TintoA consortium of Indian state-run firms has bought a bunch of once prized coal mines that changed hands for $3 billion in 2011 for a price o...
- ICVL acquires Rio Tinto's coal assets in Mozambique"The sale is subject to certain conditions precedent and regulatory approvals. The transaction is expected to close in the third quarter of...
- ICVL eyes 100% stake in Mozambique’s coking coal propertyICVL is likely to submit a $200 million bid within a fortnight to mining firm Rio Tinto for buying its all three coal mines in Mozambique.
- ICVL eyes Rio Tinto's stake in Riversdale MiningInternational Coal Ventures Ltd (ICVL) has evinced interests in buying Rio Tinto-owned Riversdale Mining's coal mines in Mozambique.
- Jindal Steel and Power to begin coal production from 2 overseas mines by month-endBoth the mines are strategically important for Naveen Jindal-led firm, which is aiming at 20 million tonne steel making capacity by 2020.
- JSW Steel's loss is power arm's gainAlthough the deal size could not be ascertained, a person privy to the development said it could be around Rs 300 crore.
- JSW Steel to sell Mozambique coal mine for Rs 300 croreJSW Steel may sell Mozambique coal mine to sister co JSW Energy as the mine has become commercially unviable for it.
- ICVL to buy coal property abroad by 2011-12International Coal Ventures (ICVL), a special purpose vehicle created by five giant PSUs to buy coal assets abroad, has set a target of acq...
- NTPC, Coal India to buy mining assets overseasNational Thermal Power Corporation and the largest coal producer Coal India are in advanced stages of acquiring mining assets in Mozambique...
- CIL gets mineral rights for blocks in MozambiqueNavratna PSU Coal India has bagged mineral concessions for two mining blocks with an estimated coal reserve of about one billion tonne in M...
- Jindal Steel zooms in on Mozambique coal mineThe company may take possession of the block as soon as negotiations with the government are over and regulatory clearances come through.
- Videocon, Indiabulls, JSW Steel ink pacts with African minerVideocon, Indiabulls, JSW Steel have struck deals with a Mozambique-based mining firm to acquire the coal assets in a deal worth over $2 bn...
- Tata Steel in JV with Aussie co for Mozambique projectTata Steel on Friday signed a joint venture with Australia’s Riversdale Mining to develop a hard coking and thermal coal project in Mozambi...
- Tata Steel signs JV with Australian Riversdale MiningTata Steel has signed a joint venture agreement with Australian Riversdale Mining to pay about $88.2 million and acquire 35% of Riversdale'...
- Gremach acquires 75% in Mozambique firm for $100 mnThe Rs 115-cr Gremach deal with Osho Mozambique will give ownership to the coal mines spread over 13,520 hectares in Moatize located close ...
- Tata Steel to acquire 35% stake in Riverseale coal projectTata Steel on Friday signed an accord with Riverseale Mining Ltd to acquire 35 per cent stake in its Mozambique coal project for $100 milli...
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