Announcement

Sunday, February 6, 2011

Mercator Lines to invest on coal mine in Indonesia

Mercator Lines, the HK Mittal controlled shipping to mines major, will invest about INR 200 crore to INR 250 crore in developing a coal mine in the Batuah region of Kalimantan province in Indonesia as part of its strategy to increase its presence in the high margin mining industry.

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