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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 393.50
NMDC 67.66
Ashapura Minechem 427.65
Sandur Manganese 168.00
GMDC 438.85
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