Some extra food for thought is supplied in this...

Some extra food for thought is supplied in this article...


Excerpt:

"State-owned Coal India, which is already the world's biggest
coal producer, says it is in the first stages of developing a ''global
footprint.''

''About six months back we invited expressions of interest from companies willing to establish linkages with Coal India Limited,'' Mr Guha said. ''Based on that, we got a number of offers and we selected some of
them and invited them to come to India to make a presentation on what structure they had in mind and what they wanted to offer Coal India.''
Industry sources say several major international miners responded to Coal India's invitation to form ''strategic partnerships'' including Rio Tinto, Hancock, Anglo Coal Australia and Xstrata.

Mr Guha said the company had ''a lot of money'' and would explore other opportunities in Australia once the Peabody deal was signed. It is also believed to be on the lookout for opportunities in Indonesia, the US and South Africa.

''After we complete this deal we will take stock of the
situation and then again start the same process,'' he said. ''There are a
lot of possibilities.''


Source: www.afr.com

I'm not sure, but i think this was posted in another forum, so apologies if its already been posted in ESI.

Cheers

L