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Coal India shipments fall for first time in two years

The state-owned miner struggles to get railway rakes to transport the fuel

Coal India has been aiming to expand its annual production to 1 billion tons by 2020 but the company pushes its deadline by another six years to 2026.   © Reuters

MUMBAI (NewsRise) -- State-owned Coal India reported its first fall in monthly shipments in two years in December as the world's largest producer of the fuel grappled with logistic challenges.

The company's shipments dropped 1.2% on-year to 52.8 million last month, while output fell less than 1% to 54.1 million tons, Coal India said in a stock exchange filing.

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