Denham sells Trinity Coal to India's Essar
US private equity firm Denham Capital has agreed the sale of its US mining asset Trinity Coal to Indian industrial conglomerate Essar Group for $600 million.
Trinity Coal, claimed to be one of the top ten US producers, has mines in Kentucky and West Virginia, and would apparently be most likely to feed Essar's Essar Steel Algoma plant in Ontario under the deal,...
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