India Aluminum Makers Face ‘Precarious Situation’ on Coal Crunch
- Production cuts likely by Oct.-end if supply remains low: FIMI
- Industry group has written to Coal Ministry to restore supply
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An acute coal crunch in India has created a “precarious situation” for aluminum producers as stockpiles of the fuel plummet to critical levels, according to the country’s top industry group.
Most aluminum factories, which have their own power generation plants, have stockpiles for only one to two days, B.K. Bhatia, additional secretary general at the Federation of Indian Mineral Industries said by phone. While aluminum output hasn’t been affected so far, there may be production cuts by the end of the month if coal supplies don’t recover, he said.