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Coal India actively looking to invest in coal assets in Australia

Coal India actively looking to invest in coal assets in Australia

Wednesday, April 5, 2017, 10:35 PM

Coal India Ltd is actively looking to acquire coking coal assets in Australia, a senior company official told, as the country looks to beef up its foreign coal assets. The state-controlled company, which in January also listed the United States, Columbia, Canada and Indonesia as target destinations for investment, is currently zeroing in on Australia and South Africa, the Coal India official said.
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