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coal-investing

Coal India Unions Still Set to Begin Five Day Strike

Teresa Matich
Jan. 05, 2015 11:08AM PST
Industrial Metals Investing

The Hindu Times reported that coal workers and unions across India are still planning to begin a five day strike on Tuesday. The unions are opposed to moves that could open up commercial coal mining in the country.

The Hindu Times reported that coal workers and unions across India are still planning to begin a five day strike on Tuesday. The unions are opposed to moves that could open up commercial coal mining in the country.

As quoted in the publication:

All central trade unions have urged workers of Coal India Ltd. (CIL) and its subsidiaries and the Singareni Collieries Co. Ltd. (SCCL) to launch the strike from first shift on January 6 to third shift of January 10 “in most militant manner”.

State-miner Coal India has near monopoly over coal production, accounting for nearly 82 percent of domestic output.

Click here to read the full article.

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