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INDIA'S SAIL SIGNS MoU WITH BHP; MAY PICK UP EQUITY.
NEW DELHI, Nov 1 Asia Pulse - Faced with huge shortage of coking coal, Steel Authority of India Ltd (BSE:SAIL) has signed an agreement with Australian mining giant BHP Billiton (ASX:BHP_ and SAIL is also considering picking up equity after the due diligence process gets overs.
"We have signed a MoU with them. We may pick up equity or there may be commercial arrangement for supply of coking coal," SAIL Chairman V S Jain said here Friday.
This would ease the situation for the steel giant whose coking coal requirement from imports remain in a range of about 10 to 11 million tonnes annually.
The entire process may take about three to four years for a regular supply of coking coal and in the mean time SAIL has started looking alternate ways and means ...
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- News wire article from: Asia Africa Intelligence Wire July 30, 2002 700+ words
...July 30 AAP - BHP Billiton Ltd, the world's largest coking coal exporter, has secured...one billion tonne coking coal resource at Hail Creek in Queensland. BHP Billiton Ltd and...per tonne rise in coking coal prices, BHP Billiton's earnings...
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- News wire article from: Asia Africa Intelligence Wire July 30, 2002 700+ words
...BRISBANE, July 30 AAP - BHP Billiton Ltd, the world's largest coking coal exporter, has secured...mill Nippon Steel. BHP Billiton and Nippon...benchmark for all coking coal buyers and sellers...one billion tonne coking coal resource at Hail Creek in Queensland. ...
- WRAP - BHP Billiton seals lift in coking coal price --analyst.
- News wire article from: Asia Africa Intelligence Wire July 30, 2002 700+ words
...BRISBANE, July 30 AAP - BHP Billiton Ltd, the world's largest coking coal exporter, has secured...mill Nippon Steel. BHP Billiton and Nippon...benchmark for all coking coal buyers and sellers...one billion tonne coking coal resource at Hail Creek in Queensland. ...
- SAIL renegotiates coking coal contract with BHP: Report.(Report)
- News wire article from: PTI - The Press Trust of India Ltd. February 17, 2009 700+ words
SAIL renegotiates coking coal contract with BHP: Report New Delhi, Feb 17 (PTI) -- State-run...s largest miner BHP Billiton for the supply of coking coal at a price of USD 150 a tonne (FOB), which is...
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...Coke Ltd has finalised the annual coking coal contracts with its international suppliers Rio Tinto and BHP Billiton Mitsubishi Alliance (BMA...Apr 2009. The company signed the coking coal contract for 2009- 2010 at $128...
- BHP Billiton to win 12.5 pct coking coal price rise - analysts.
- News wire article from: Asia Africa Intelligence Wire July 12, 2002 700+ words
...low volatile hard coking coal appeared to have...coal. "Looks like BHP (Billiton) has...steel industry. BHP Billiton is the world's largest coking coal exporter, while...per tonne rise in coking coal prices, BHP Billiton's earnings...
- WRAP - BHP Billiton to win 12.5 pct coking coal price rise - ana.
- News wire article from: Asia Africa Intelligence Wire July 12, 2002 700+ words
...low volatile hard coking coal appeared to have...coal. "Looks like BHP (Billiton) has...steel industry. BHP Billiton is the world's largest coking coal exporter, while...per tonne rise in coking coal prices, BHP Billiton's earnings...
- BHP to almost double coking coal production.
- News wire article from: Europe Intelligence Wire September 1, 2004 700+ words
...Investor (Pulses)) BHP Billiton, the world...double its production of coking coal by the end of the decade...Sydney-based analyst. BHP is already by far the...largest exporter of hard coking coal, accounting for 28 per...afternoon trading, shares in BHP Billiton were up 0...
- BHP confirms coking coal prices rise.
- News wire article from: Asia Africa Intelligence Wire August 7, 2002 700+ words
...MELBOURNE, Aug 7 AAP - BHP Billiton Ltd, the world's largest coking coal exporter, today confirmed coking coal contracts had been...increased prices. BHP Billiton chief executive...Gilbertson said prices for BHP Billiton hard coking coal had risen to a range...
- BHP AGREES TO CUT IN PRICE OF CONTRACT COKING COAL: REPORT.
- News wire article from: AsiaPulse News January 27, 2006 700+ words
...Jan 27 Asia Pulse - BHP Billiton Ltd (ASX:BHP) was today reported...to a cut in contract coking coal prices with Asian steel...industry, said the BHP Billiton Mitsubishi...price of high quality coking coal by eight per cent...
Source: HighBeam Research, INDIA'S SAIL SIGNS MoU WITH BHP; MAY PICK UP EQUITY.