Tag: CIL
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CIL Surrenders Mozambique Mining Licenses
In a recent development, Coal India Limited (CIL) surrendered the two licenses held by its wholly-owned subsidiary —Coal India Africana Limited—for coal mining in Mozambique. As such, CIL is now left without any foreign coal assets. The CIL subsidiary was granted the licenses by the Mozambique government in 2009 for mining coal at two blocks,…