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Essar plans to buy coking coal mines in Africa, Australia

Hellenic Shipping News Worldwide | April 12, 2012 | 10:53 pm Energy Africa Australia Europe Coal 

Essar Steel is planning to acquire coking coal mines in Africa or Australia to help the company that has few captive sources of crucial raw materials integrate backward to protect its profit margins. “Given the uncertainty on mining, it is important to…

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