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COKING COAL ACQUISITION
JSW Steel looks to boost raw material security with new iron ore, coking coal assetsJSW Steel is boosting its raw material supply. The company is increasing its stake in an Australian coking coal asset and acquiring a proje...- Coal India Ltd plans binding bids for coking coal assetsIn Australia, Coal India has shortlisted some working mines, while in Canada, it is targeting ready-to-produce blocks where exploration, la...
- Coal India signs MoUs with Russia for coking coalFor the last several months Coal India is also looking at acquiring coking coal assets in Russia, Canada and Australia.
- Can spend Rs 6.5K-crore for acquisition, expansion: JSW Steel"We are capable of spending up to USD one billion per annum without increasing debt on capacity expansion and acquisitions," JSW Steel Join...
- 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.
- Acquisition of coking coal assets abroad becomes imperative: GovernmentImports of dry-fuel, including coking coal, increased by 17.9 per cent to 171 MT in 2013-14, from 145 MT a year ago amid widening demand-su...
- ICVL close to buying Poland mine for Rs 3500 crore in maiden dealICVL, a consortium of PSU firms for buying mines abroad, is close to clinching its maiden deal and is in advanced stages of an acquisition ...
- ICVL eyes 10% stake in second Bowen Basin coking coal assetICVL is a consortium of SAIL, Coal India, Rashtriya Ispat Nigam and NMDC formed to acquire coal assets abroad.
- ICVL to soon buy coal asset in Australia for over Rs 1,500-crICVL is within a striking distance of acquiring its maiden coking coal asset abroad in Australia's Bowen Basin for about Rs 1,500 crore, a ...
- ICVL may buy coal mine in Australia soonInternational Coal Ventures Ltd (ICVL) said it is now in the final stages of acquiring a coking coal mine in Australia's Bowen Basin.
- NMDC to buy majority stake in Brazilian company AmplusThe deal involves an investment of $150 mn for development, however, NMDC will initially invest $10-15 mn to acquire 26% holding & buy upto...
- NMDC eyes four more overseas buys each in Russia, Brazil, Mozambique and AustraliaNMDC, which has acquired a 50% stake in the Australian iron ore firm Legacy Iron Ore recently, is set to acquire four more overseas mines.
- Steel Ministry sets up panel to look into coking coal procurementSteel Min sets up a committee to look into the need for rationalising the procedure followed by steel PSUs for procurement of coking coal.
- Gujarat NRE coke eyes Australian company Rey Resources in hostile bidAustralian subsidiary of Gujarat NRE Coke, Gujarat NRE Minerals (GNM) is aiming to acquire Australian Securities Exchange (ASX) listed Rey ...
- Ennore Coke raises capacity to 3.32 lakh tonneEnnore Coke, which recently commissioned a 1.3 lakh tonne unit at Haldia, has managed to raise capacity to 3.32 lakh tonne per annum by ent...
- CIL allocated two coal blocks in MozambiqueIn its first ever overseas acquisition of an overseas coal block, state-owned Coal India Limited (CIL) has been allocated two coal blocks a...
- ICVL in talks with foreign cos for coal asset buyoutsInternational Coal Ventures is in talks with New Zealand-based coal mining firms, Te Kuha, Tatu and Coal Brookdale and US-based Tennessee f...
- India eyes Australia for coking coal supplyIn view of massive capacity expansions announced by state-run steel makers SAIL and RINL, Steel Minister Ram Vilas Paswan is leading a high...
- Gujarat NRE to acquire coal mine from BHP BilitonGujarat NRE Coke Limited on Wednesday announced it will acquire an Australian coal mine Elouera Colliery from global mining giant BHP Billi...
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