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Monnet Ispat acquires 25,000 ha Indonesian coal mine

23 Dec 2013 Evaluate

Monnet Ispat & Energy has acquired 25,000 ha Indonesian coal mine. The company will start developing the mine in April 2014. Initially, the Indonesian coal mine output seen at 2 mt per year.

Monnet Ispat & Energy is engaged in the business of sponge iron, steel ingot & billets and coal mining.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
APL Apollo Tubes 2116.50
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