Coal India plans more acquisitions in Mozambique
Coal India, the world's largest coal producer, is planning to make more acquisitions in Mozambique, said CIL chairman NC Jha during the company's 37th annual general meeting yesterday.
ArcelorMittal South Africa has started talks with mining groups Vale and Rio Tinto to buy coking coal mined in Mozambique, an official from the South African steel making company said cited by financial news agency Reuters.