Coal shipments to India rose 10% y/y
NewsBetween January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.
New Zealand’s stateowned coal miner Solid Energy is in crisis with its debt ballooning to NZ$389M. It made a loss of $40M in its last financial year, attributed to a 40% fall in the value of its coking coal exports compounded by a rise in the NZ dollar value.
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