Mozambique mines to ease Tatas' coal hunt

Tata Steel Europe's concerns about acquiring coal assets are set to ease soon. Its Mozambique mines, owned jointly with Rio Tinto, will start production from March. The coal would be sent to the company's plants in Europe and at Jamshedpur in India.

Karl-Ulrich Kohler, managing director and CEO, Tata Steel Europe, said, "The Mozambique mines start production in March and it will be relevant to us immediately. That is what we are building upon."

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