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The Economic Times
The Economic Times
Business

SAIL flies in Mongolian coking coal as it seeks new supplies, sources say

Steel Authority of India (SAIL) has airlifted coking coal from Mongolia for the first time, testing the landlocked nation as a potential new supplier as India seeks to reduce its dependence on Australia, two sources said.

The state-backed steelmaker flew in a 1-metric-ton sample earlier this month and will assess whether the coal meets its steelmaking requirements, the sources said, declining to be identified because the development has not been made public.

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