Griffin Coal

Griffin coal mining to be bought by Lanco Infra

Griffin coal mining to be bought by Lanco Infra

The Indian origin company Lanco Infra will soon be acquiring the Australian Griffin Coal Mining Co and Carpenter Mine Management (Griffin Coal), the news was confirmed by NDTV. This will be a major strategic move from the Indian Company.

The Australian unit of the Indian company on Wednesday announced the acquisition of this Australian company.

Either of the 2 parties hasn’t disclosed the amount of the deal. A lot of advantage awaits Lanco Infra made strategic with this west Australian company will give them access to their assets.