BANGALORE, INDIA -- (Marketwire) -- 08/15/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- Gujarat NRE Minerals Limited (Illawarra, Australia),the Australian subsidiary of Gujarat NRE Coke Limited (BOM:512579)(Calcutta, West Bengal), has announced plans to raise between $50 millionand $100 million through a mixture of equity and debt to develop andenhance the production of its coal mines in Australia. The company plansto initiate significant expansion activities at the mines to boostproduction levels to 7 million tons per year from the present 1 milliontons per year over a period of four years.For details, view the entire article by subscribing to Industrial Info'sPremium Industry News athttp://www.industrialinfo.com/showNews.jsp?newsitemID=137120, or browseother breaking industrial news stories at www.industrialinfo.com.
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