(EnergyAsia, August 1 2011, Monday) — Making its first foreign investment, Indian Metals and Ferro Alloys (IMFA) said its Singapore-based subsidiary, Indmet Mining Pte Limited, has paid US$8.75 million for a 70% stake in a coal mine in Central Kalimantan, Indonesia. The Orissa state-based company, controlled by the Rajya Sabha family, will invest millions more…

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