Coal Company News Directory

MicroCoal Technologies Secures China Partnership

MicroCoal Technologies (CSE:MTI) has entered a joint venture agreement with an affiliate of Jiu Feng Investments. The agreement will see the creation of a corporation domiciled in Hong Kong, in which MicroCoal will hold a 51 percent equity interest and a majority position on the board of directors.

Rio Tinto Finalizes Sale of Mozambique Coal Assets

The Australian reported that Rio Tinto (NYSE:RIO) has completed the same of its coal assets in Mozambique to India’s International Coal Venture Private Ltd.. The sale will not affect Rio Tinto's other assets in the country.