Coal India output resumes growth in December

After recording drop in production on an annual basis for five straight months since July, state-run Coal India’s (CIL) output in December was 7.2% up year-on-year (y-o-y) to 58 million tonnes (MT). Production by the world’s largest miner declined 5.8% annually to 388.4 MT in the first nine months of FY20, mainly due to excessive rains hampering mining operations during the monsoons.
Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered CIL production.