Coal India (CIL) is looking at entering into a pact with a South African government miner to jointly acquire coal mines in that country. The company is further considering signing of an MoU with a mining company owned by the government of South Africa to jointly undertake identification, acquisition and operation of coal assets in South Africa.
Earlier in 2011, the company had executed an MoU with entities owned by provisional government of Limpopo, South Africa, for acquiring coal assets in that province.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
