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RR1:AU
Rights Issue and Shortfall
National Aluminium Seeks to Buy 24% of Indonesian Coal Mine
May. 02, 2011 08:30AM PST
Industrial MetalsBloomberg reported that National Aluminum Co. (BOM:532234) is interested in purchasing a stake in Indonesian coal mining companies.
Bloomberg reported that National Aluminum Co. (BOM:532234) is interested in purchasing a stake in Indonesian coal mining companies.
The market news is quoted as saying:
National Aluminium plans to import 800,000 metric tons of coal in the year that began April 1, 45 percent more than the previous year, after increasing its refining capacity by about one-third last month.
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