India: National Aluminium to Import Coal to Avoid Reducing Production

[phantom power]

(Bloomberg) -- National Aluminium Co., which last month cut production because of a coal shortage, plans to import 100,000 metric tons of the fuel to prevent another disruption at a time when prices of the lightweight metal are near a record.

The company, India's biggest alumina maker, will purchase thermal coal from countries including Indonesia in two months, Chairman C.R. Pradhan said in a phone interview from the eastern city of Bhubaneswar. Last month, it bought 30,000 tons at an average 8,000 rupees ($186) a ton, he said.

http://www.bloomberg.com/apps/news?pid=20601091&sid=apr.uV_xBg.0&refer=india