Many a slip between the cup and the lip; Coal auctions in India for commercial mining further delayed

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India’s latest round of coal-block auctions was all set to kick off on 19 October. However, on 14 October, in an unexpected move, the Centre announced yet another delay in the process. The government will announce the revised schedule “shortly” for the latest auctions, which would, when they happen, become the first following the complete […]

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Import of thermal and coking coal at major Indian ports decline by 25% in the first 6 months of FY21

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Disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India, with thermal and coking coal imports at 12 major ports falling by 25 per cent year-on-year to 55.41 million tonnes (MT) during April-September, according to the apex ports’ body IPA. Coal volumes at the 12 major ports declined for the sixth straight […]

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Minister invites coal and power sectors to consolidate Indian railways coal business

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India’s Minister of Railways and Commerce and Industry Piyush Goyal met the top leadership of the coal and power sectors to ensure consolidation of Indian Railways coal business and suggest ways and means to further improve the joint operational productivity of all stakeholders, the railway ministry said in a statement. Coal accounts for almost 50 per cent […]

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China’s sharp economic rebound seen helping Australia as demand for resources rise

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A sharp rebound in the Chinese economy – the world’s biggest consumer of resource and energy commodities – means Australia would benefit in a world battling with an overall economic contraction, a latest quarterly government report said. According to Australia’s Department of Industry, Science, energy and Resources, resource and energy commodity exports are likely to […]

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