Thursday, June 5, 2008

CVI To Access Coking Coal From Australia

Coal Ventures International (CVI), a joint venture of SAIL, RINL, Coal India, NMDC and NTPC, is expected soon to access coking coal mines in New South Wales, Australia.

Minister of State for Steel Jitin Prasada was assured of coking coal linkages from NSW during his meeting today with NSW Minister for Primary Industries, Energy, Mineral Resources and State Development Ian Macdonald. Prasada is currently leading a five-member delegation to Australia.

"Prasada emphasised allocation of mineral resources for Coal Ventures International. Ian Macdonald assured full cooperation in meeting the requirement of this company," a statement by the Steel Ministry said today.

The delegation visited some coal mines near Sydney and Wollongong/Port Kembla Coal Terminal (PKCT) from where a large chunk of NSW coking coal destined for India is shipped.

Source: Business Standard

No comments: