Coal India Limited’s (CIL’s) proposed collaboration with South African State-owned African Exploration Mining and Finance Corporation (AEMFC) is expected to focus on coking coal in the African nation, with India facing limited opportunity to ramp up domestic production of the dry fuel.
The CIL board of directors’ approval of collaboration with AEMFC on Monday, comes close on heels of the Indian miner officially burying its coal project venture in neighbouring Mozambique.
