BHARATCOAL

March 2 (Reuters) - Bharat Coking Coal Ltd BARC.NS:

• RAJESH KUMAR APPOINTED AS CFO

Source text: ID:nBSE55zv6P

Further company coverage: BARC.NS

(([email protected];;))

Feb 13 (Reuters) - Bharat Coking Coal Ltd BARC.NS:

• APPROVED CASH DISCOUNT IN CASE OF RAW COAL TO BE BOOKED THROUGH RAIL MODE FOR E-AUCTIONS HELD TILL MARCH 2026

• CASH DISCOUNT OF 200 RUPEES PER TONNE FOR 20 OR MORE RAKES

Source text: ID:nnAZN4SGLQU

Further company coverage: BARC.NS

(([email protected];;))

** Shares of India's Bharat Coking Coal BARC.NS down 3.5% at 37 rupees

** India's top coking coal producer posted third-quarter loss of 228.8 million rupees ($2.53 million) vs a profit last year

** Co's quarterly sales decline 25% y/y

** Stock, which marked stellar market debut in January, has gaine 62.2%, compared with its IPO issue price of 23 rupees

($1 = 90.5025 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Feb 3 (Reuters) - Bharat Coking Coal Ltd BARC.NS:

• DEC-QUARTER NET LOSS 228.8 MILLION RUPEES

• DEC-QUARTER SALES 25.85 BILLION RUPEES

Source text: ID:nBSEbHGs6L

Further company coverage: BARC.NS

(([email protected];;))

** Bharat Coking Coal BARC.NS and Coal India COAL.NS shares jump after India designates coking coal as a critical and strategic mineral

** BARC up nearly 2% and COAL rises about 1.4% to 37.88 rupees and 449.70 rupees, respectively

** Inclusion is expected to facilitate faster approvals and accelerate exploration and mining activities

** Currently, around 95% of coking coal requirements of the steel sector are met through imports - coal ministry

** COAL trading volume at 9.04 mln shares vs BARC at 52.45 mln shares as of 13:30 pm IST

** BARC down about 6% since debut on Jan 19, COAL up 11.3% so far in Jan

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

BENGALURU, Jan 19 - Shares of Bharat Coking Coal BARC.NS, India's top coking coal miner, debuted at a premium of 95.65% on Monday after its initial public offering drew bids worth $13 billion, making it one of the most heavily subscribed state-run IPOs in recent years.

The shares listed at 45 rupees on the National Stock Exchange of India, compared to the issue price of 23 rupees.

Bharat Coking Coal is a subsidiary of government-owned Coal India COAL.NS, one of the world's largest coal producers.

(Reporting by Urvi Dugar in Bengaluru; Editing by Janane Venkatraman)

(([email protected]; +91 9558725583;))

By Hritam Mukherjee and Neha Arora

BENGALURU/NEW DELHI, Jan 15 (Reuters) - Coal India COAL.NS is scouting partnership opportunities in rare-earth mining across Australia, Russia, Argentina, Chile and several African countries, a top executive of its coking coal-focussed unit said on Thursday, as New Delhi looks to reduce reliance on China-dominated supply chains.

The move comes after top producer China expanded export curbs on rare-earth minerals late last year, threatening operations in sectors from autos to electronics that depend on the critical materials.

"In our country and in foreign countries also, we are going to invest; we are going to explore; we are also collaborating with other companies for rare earth metals. It is in the starting stage," Bharat Coking Coal Ltd BARC.NS Chairman and Managing Director Manoj Kumar Agarwal told Reuters in an interview.

Coal India is pursuing both overseas and local opportunities in this regard, and domestically aims to collaborate with state-run IREL, Khanij Bidesh India Ltd and Hindustan Copper HCPR.NS, Agarwal said.

The partnerships will be funded using proceeds from BCCL's $119 million initial public offering, which closed Tuesday after being oversubscribed nearly 147 times. The company, whose offering comprised only existing shares with no new issuance, is set to list Monday.

BCCL also plans to acquire coking coal mines in Australia and Russia within the next two to three years, Agarwal added.

The company aims to raise its coking coal production capacity to 56 million tonnes per annum by fiscal 2030, up from 40.5 MTPA at the end of fiscal 2025, he added.

Investors are betting BCCL will benefit from India's infrastructure push, which requires steel as a pivotal industrial raw material. Coking coal is a key steel-making ingredient.

(Reporting by Hritam Mukherjee in Bengaluru and Neha Arora in New Delhi; Editing by Tasim Zahid)

(([email protected]; X: @MukherjeeHritam;))