Investors fret as India defends reopening coal mine bids
The coal ministry will decide the fate of nine winning mine bids it is re-examining to rule out any price discrepancies.
The coal ministry will decide the fate of nine winning mine bids it is re-examining to rule out any price discrepancies.
China produced 240 million t of coal in holiday-shortened February, down 7.7% from a year ago.
Coal futures dropped to 9-year lows this week after a short-lived rally earlier in the year, forcing many miners to produce at a loss.