Coal India Limited (CIL), state-controlled coal mining company headquartered in Kolkata, West Bengal, India, is fast tracking the process of procuring 360 items of high capacity mining equipment valued at over $1 billion. The urgency is because the company aims to bolster production after reviving a one billion ton production target in...
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...