Tata Steel's European unit would have about 10% of its coking coal requirements supplied to it from Rio Tinto's new Mozambique coal mine, Benga.
The Limpopo government has acknowledged its proposed partnership with Coal India, saying the JV will shop for greenfield assets and early stage projects.
Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of the Makhado project - over which the diversified miner holds a 30% option - within months.
ASX-listed Extract Resources, which owns the Husab uranium deposit in Namibia, has received a formal bidder’s statement from China’s CGNPC-URC for a A$8.65/share deal.
A new early stage player in the Waterberg coalfields is pursuing a JSE listing, giving investors another option among a growing number of coal juniors looking to make their mark in the area.