Australia is setting domestic plans for delivering uranium to India, the Press Trust of India reported. Indian External Affairs Minister S. M. Krishna met with Australian Foreign Minister Bob Carr to discuss the matter on the sidelines of July's regional security forum hosted by the Association of Southeast Asian Nations...
Two Indian companies competing for Australian mines owned by Hancock
Tad’s Corner (formerly Alpha Coal) and Kevin’s Corner, are located adjacent to each other in the Galilee basin in Queensland, Australia with combined thermal coal reserves of an estimated 7.6 billion tons. Both are part of Hancock Coal, owned by Gina Rinehart, Australia’s richest person, which started prospecting in the...
India's Coal Company to form JV with Peabody of St. Louis
Coal India Limited is getting ready to invest $100 million in return for 15 percent of a a joint venture in Australia. The 85 percent owner of the JV will be the world's largest private sector coal company, Peabody headquartered in St Louis, Missouri, not far from where I attended...