Indian coys eye to buy overseas coal mines

Saturday, March 20 2004 - 02:42 AM WIB

Indian companies Coal India Ltd (CIL) along with Tata Steel and Steel Authority of India Ltd (SAIL) were looking at the possibility of jointly buying overseas coal mining operations, India?s Business Standard reported Saturday.

CIL chairman Sashi Kumar said the joint venture would look at mining projects available for sale in Australia, Indonesia and South Africa. (*)

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