Dec 10, 2014

India Will Be Using and Importing More Coal - Forbes

State-owned Coal India Limited (CIL) is the world's largest producer (465 million tonnes/year), but underperformance has the country moving toward imports and privatization. CIL's output/employee/year has been around 1,200 tonnes, compared to over 10,000 tonnes in Australia. Capital expenditures for domestic assets this year were less than $800 million, in contrast to China's Shenua Group, [...]

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