SA may overtake Australia as India’s second-largest coal supplier

KOLKATA — India’s rankings of its most preferred source of coal imports were expected to change dramatically this year, with South Africa poised to emerge as the second-largest supplier, officials in the world’s largest coal miner, State-controlled Coal India Limited (CIL), and the country’s Coal Ministry, said.

Explaining the rationale behind the expected change in rankings, the officials pointed out that South African policies for exports remained favourable, while the outlook for coal sourced from Indonesia and Australia were turning less rosy.

Last week, economic counsellor in the High Commission of South Africa in India, Stefanus Botes, confirmed that South Africa was not considering an export tax on coal.

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