Moscow Times 27 September 2012 Coal and steel conglomerate Mechel announced it will sell its assets in eastern Europe and some Russian holdings and might also sell a 25 percent interest in its mining division, Mechel Mining. Mechel expects to raise $1.5 billion to $2...
Business Line 21 September 2012 Hyderabad: International Coal Ventures Ltd, a joint venture company floated by five cash-rich state-owned companies to buy coal assets overseas, is likely to finalise at least one deal by the end of this fiscal. C.S. Verma, Chairman of...
Business Line 5 September 2012 Jindal Steel and Power Ltd (JSPL) has acquired Canadian listed firm CIC Energy Corp for Rs 650 crore ($115 million). The acquisition will give JSPL access to CIC’s estimated six billion tonnes thermal coal assets in Botswana. Following...
