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Mining Weekly reported South Africa is the key supplier of coal and iron ore to India as the nation becomes increasingly reliant on exports.
Mining Weekly reported South Africa is the key supplier of coal and iron ore to India as the nation becomes increasingly reliant on exports.
As quoted in the market news:
According to government forecasts, India’s coal imports would hit the 100-million-tons mark by the end of March next year, with 20-million tons to be sourced from South African mines.
India mainly imports coal from Indonesia, Australia, South Africa and the US, but an official in the Coal Ministry said South Africa had emerged as the preferred supplier in recent months, owing to its liberal trading regime and competitive export prices.