Coal news and updates

SCCL eyes mine acquisitions in Mozambique, SA

October 16: At a time when Coal India Ltd (CIL) is undertaking the final phase drilling at its twin blocks in the Tete Province of Mozambique, Singareni Collieries Company Ltd (SCCL) has decided to explore opportunities in Mozambique and South Africa.

“We are working on our plan (for overseas mine acquisition). A top official will be visiting South Africa and Mozambique on October 18,” a company source told ICMW.

He further said a full-fledged committee will be formed after getting the initial feedback from this visit.

Meanwhile, SCCL had sought CIL’s experience in this regard, he said.

“We talked to CIL for its experience. We talked to Coal Videsh. In fact, our people are expected to visit the Coal Videsh blocks in Mozambique during their stay in that country,” he added.