Govt delegation to leave for Mongolia next month to discuss coking coal imports

A government delegation from India is scheduled to visit Mongolia in October 2024 to negotiate coking coal imports. India aims to strengthen its supply of coking coal, a critical raw material for steel production, currently heavily imported from Australia. The government seeks to diversify sources to improve cost efficiency and ensure a stable supply chain. Meetings with Mongolian officials will focus on long-term partnerships in this sector, aligning with India’s strategy to reduce reliance on traditional suppliers and support growing industrial demands.