Mumbai, July, 5 (EPC News): International Coal Ventures Ltd (ICVL) is in search for remote outback regions to acquire Australian coking coal mine assets. The Indian state consortium body has adopted this move to supply coking coal in India from Australia. “India is prepared to compete against other foreign interests with strong government backing, particularly from China, for mines in Australia, the world's largest supplier of metallurgical coal,” said M.P. Narayanan, Vice Chairman for India in the World Mining Congress.
EPC News Bureau
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| Posted on:7/5/2011 at 12:45 PM