Rio Tinto to foray into Indian coal market

Anglo Australian mining firm Rio Tinto plans to make a footprint in the Indian thermal coal market by selling coal to companies in the cement and power sectors. The company is currently in talks with players in the sectors for coal supply. Rio Tinto has been selling other mineral resources such as coking coal, alumina, borates and rough diamonds to Indian companies. Last year, the firm sold a small quantity of thermal coal to India through a trader. Now, it wants to get into the Indian thermal coal market directly.Contact: Rio Tinto.Tel: +61-3-9283 3333. Fax: +61-3-9283 3707.Website: www.riotinto.com