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Tata Sponge Iron gets allocated coal linkage

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Capital Market

Constituting less than 10% of its annual coal requirement

Tata Sponge Iron announced that the Company successfully bid for 24000 tonnes per annum of Grade G 4 coal from Coal India, in a recently held auction of coal linkages for the sponge iron industry. This tonnage constitutes less than 10 percent of the Company's annual coal requirement.

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First Published: Jun 16 2016 | 9:21 AM IST

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