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    coal investing

    India’s Malabar Cements Seeks to Buy 40,000 Tons of Coal

    Investing News Network
    Aug. 15, 2011 09:35AM PST
    Industrial Metals

    Bloomberg reported that Malabar Cements Ltd. is tendering bids for 40,000 metric tons of coal to be imported to the company in India.

    Bloomberg reported that Malabar Cements Ltd. is tendering bids for 40,000 metric tons of coal to be imported to the company in India.

    The market news is quoted as saying:

    The imported coal must be of South African or Chinese origin with a minimum gross calorific value of 6,300 kilocalories per kilogram, a maximum total moisture content of 12 percent, maximum ash content of 15 percent and maximum sulfur content of 1 percent, according to the document.

    To read the full market news, click here.

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