India sends delegation to Mongolia for importing coking coal, diversifying from Australia.

India will send a government delegation to Mongolia next month to discuss importing coking coal, essential for steel production. This initiative aims to diversify sources and reduce heavy reliance on Australia, which currently supplies 80-90% of India's coking coal. Closer proximity to Mongolia could lower costs and enhance availability. India is also considering coal imports from Russia to further diversify its raw material sources.

September 29, 2024
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