SAIL, Tata Steel JV Scouts for Overseas Coal Assets

摘要

Kolkata: Less than three weeks after acquiring a large coal property In Mozambique, SteelAuthor ity of India is lookingfor more. To gether with Tata Steel, the state-run company is scouting for fresh acquisition of overseas coal assets to ensure continuous sup ply of coking coal, a key raw material in steel production. S&T Mining, a Joint venture between Tata Steel and SAIL, has invited applications for prime coking coal assets with a minimum reserve of 100 million tonnes.