Coal India Limited to Withdraw from Mozambique Coal Joint Venture
JOHANNESBURG--March 4, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--State-owned Coal India Limited (BSE:533278) (CIL) (Kolkata, India) plans to withdraw from joint venture (JV) International Coal Ventures Limited (ICVL). In 2014, ICVL acquired Rio Tinto's (NYSE:RIO) (London, England) Mozambican coal assets for $50 million, after Rio Tinto invested $4 billion.
Within this article: Details of coal mining projects in Mozambique.
