Coal shipments to India jump 10%, but growth could slow
Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a key driver, supported by strong electricity demand and coal import mandates. During the rest of 2024, growth may slow as demand cools.
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Posted:
05 September 2024
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