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Coal India eyeing to buy stakes in overseas coking coal blocks

21 Dec 2017 Evaluate

Coal India is looking for potential avenues for buying stakes in coking coal blocks overseas. Last year, the board had advised the company to explore the opportunities of acquiring coal assets overseas, very few prospective blocks in foreign nations have come up for sale.

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.



Peers
Company Name CMP
Coal India 418.10
NMDC 80.94
Ashapura Minechem 516.65
Sandur Manganese 182.55
GMDC 549.00
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