Hey,
I got a article stating around 1 billion tonnes of Thermal and coking Coal(Probably for all the mines in total).
http://economictimes.indiatimes.com/News/News_By_Industry/Indl_Goods__Svs/Steel/Bhushan_Steel_to_sign_third_mining_pact_with_Bowen_/rssarticleshow/2846096.cms
Thermal Coke Prices: $135 a tonn
http://www.globalcoal.com/news/coalnews.cfm
Coke Prices: $300 tonn
http://news.smh.com.au/bhp-and-arcelormittal-reach-coke-deal/20080409-24q4.html
I think its going to be huge, very huge. Also Bhushan has started setting up new coal oven Project and new Power plant project. So its building infrastructure to use all the coal from mine both thermal and coking coal.
The above comment is for information purpose only. Please consult your Financial Advisor or Broker before making any investment
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