MoneyWorks4Me

Coal India to invest $3 bn in coal, steel: Indonesia

15 Apr 2011 Evaluate

Coal India plans to invest up to $3 billlion in a coking coal mine, steel plant and a seaport on Indonesia's Kalimantan Island. The company is expected to complete feasibility studies in June in order to know what coal reserves they could develop. Central Kalimantan province has about 4.8 billion tonne of estimated coal reserves and coking coal represent around 40% of that.crackcrack

Peers
Company Name CMP
Coal India 397.75
NMDC 66.30
Ashapura Minechem 419.95
Sandur Manganese 156.65
GMDC 424.55
View more..