Millennium Post

Verma pitches for Queensland coal, mineral supplies to India

The minister is leading an Indian steel industry delegation, which includes the Indian steel industry’s living legend and SAIL, NMDC and ICVL Chairman C S Verma, on a visit to Australia and New Zealand to forge partnerships with these countries in the areas of mining and coal trade.

Queensland is one of Australia’s most mineral-rich states and a major supplier of coking coal to the Indian steel industry. During his meeting with Cripps, Beni Prasad Verma expressed his belief that India and Queensland can jointly explore possibilities of investment in development of coal assets.

He added that Indian steel and mining companies can collaborate with their Australian counterparts in the development of technologies to carry out sustainable mining.

Interacting with Seeney, the minister said that the possibilities of a long-term agreement for export of coking coal could be explored between the respective governments. He also spoke about various other measures for strengthening bilateral ties in the field of mining and enhancement of supply of coal to India in the coming years.

The Indian delegation also included  Joint Secretary (Steel) S Abbasi, MOIL Ltd CMD G P Kundergi and ICVL CEO Ajay Mathur.
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