India is changing the global coal market

REUTERS/Ahmad Masood A very important data point for the global thermal coal market emerged this week, with one of the world’s largest importing nations saying that it may go the opposite direction — and start exporting supply. That’s India — where Coal India Ltd, the world’s largest producer of thermal coal, dropped some unexpected news on Tuesday. With officials saying they are looking at options to deal with increasing domestic supply across India. This major revelation came in the ...