India: Aditya Birla's Hindalco Industries has won the Gare Palma IV/5 mine in Chhattisgarh, outbidding a number of companies, including Ambuja Cements, on day five of India's coal mine auction. The winning bid was US$56.4/t and the mine has extractable reserves of 42.4Mt. This is Hindalco Industries' second winning bid in the auction.
Aditya Birla’s Hindalco Industries wins another coal mine in auction
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.