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Gujarat NRE Coke's plans

MUMBAI: Gujarat NRE Coke Ltd. (GNCL) is to acquire a stake in an Australian coal mine through a subsidiary for an undisclosed sum. GNCL did not reveal the name of the coal mine. The company has entered into an agreement to acquire a coal mine in Australia and would establish a subsidiary Gujarat NRE Australia Pty Ltd. for this purpose, GNCL informed the Bombay Stock Exchange on Thursday.

— PTI

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