Coal India, the world's biggest coal miner on Tuesday said it has decided to relinquish about three-fourth of a coal mine it was allotted in Mozambique. Coal India Africana limitada, a fully-owned subsidiary of the state-owned firm, was allotted two leasehold licences for extraction of coal of about 224 sqm in Tete province of Mozambique. Firm’s board has okayed retaining ‘54 sq km of leasehold licence area which will be of actual interest with coal bearing horizon occuring within a 500-m depth, CIl said.
