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Wednesday, December 26, 2007

Gujarat NRE Acquires Australian Mine From Billiton

Gujarat NRE Coke has completed the acquisition of Elouera mine from BHP Billiton, a part of the Illawarra Coal Business located in New South Wales, Australia. The acquisition was made by Gujarat NRE Resources NL (Gujarat), the Australian subsidiary of Gujarat NRE Coke Group. Completion of the sale follows the transfer of coal lease and associated licences, including the mine, along with associated land holding and the responsibility for rehabilitation and closure of the mine.
Posted by Indian-commodity at 12:29 PM

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