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RR1:AU
Rights Issue and Shortfall
On Monday, it was reported that Indian cement maker Ultratech (ULTC.BO) is seeking 500,000 tonnes imported steam coal for delivery starting from end-May.
On Monday, it was reported that Indian cement maker Ultratech (ULTC.BO) is seeking 500,000 tonnes imported steam coal for delivery starting from end-May.
The press release is quoted as saying:
Ultratech buys around 2 million tonnes a year of imported coal, most of it South African.
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