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Asian mining companies, from India’s state-owned giants to the opaque China International Fund, are taking up their positions for Mozambique’s great mining rush. The Indian government has already projected that it will face an 81-million-tonne coal shortage by the end of the year. On 20 February, India’s largest state-owned power company, the National Thermal Power Corporation, shut down the country’s second-largest power plant due to an insufficient supply of coal....

(This article contains approximately 665 words)

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Keywords:

India, Australia, Brazilian, Sriprakash Jaiswal, Esperanca Bias, Angola, Rashtriya Ispat Nigam, Companhia Siderurgica Nacional, Frente de Libertação de Moçambique, SPI-Gestão e Investimentos