International Coal Ventures (ICVL) has discussed forming alliances with small and medium-sized mining companies to explore the mineral-rich region of Virgina in the US.

ICVL chairman C S Verma met a US delegation, headed up by Virginia’s governor Robert McDonnell, and discussed the possibility of such a joint venture (JV), aimed at ensuring raw material security for the country, reports PTI.

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The firm also intends to explore options for Greenfield locations and is in discussion with McDonnel concerning the acquisition of coking coal assets and companies in the US.

 

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