(EnergyAsia, April 12 2011, Tuesday) — India’s Monnet Ispat & Energy Limited (MIEL) said its wholly-owned subsidiary, Monnet Global Ltd (MGL), has acquired PT Sarwa Sembada Karya Bumi , giving it access to one of Indonesia’s largest thermal coal mines.MGL paid US$24 million for the Indonesian coal miner which is looking to increase its existing…
INDIA: Monet group buys Indonesian coal firm for US$24 million
Posted on April 12, 2011 by EnergyAsia