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Saturday, August 13, 2011

NTPC wants coal assets in South Africa - Mining Weekly

Saturday, 13 Aug 2011

Mining Weekly citing an unnamed NTPC official reported that NTPC Ltd wants to acquire coal assets in South Africa and conclude long term supply agreements with local miners.

Mining Weekly without saying where it got the information reported that NTPC is considering entering into supply contracts that would start at levels of 4 million tonnes a year, ramping up to 16 million tonnes.

(sourced Bloomberg)


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