Profit

India Coal consortium may bid for Australian miner Riversdale

PUBLISHED ON: December 14, 2010 | Duration: 2 min, 51 sec

  
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Steel ministry has asked International Coal Venture Ltd - a joint venture of five state-run companies (SAIL, NMDC, NTPC, RINL and Coal India) to consider bidding for Australian coal miner Riversdale Mining Ltd. The move is set to further intensify the battle for Riversdale.
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