Strike at world’s biggest coal miner seen blunted by Indian glut

August 25, 2016

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India’s ample coal stockpiles may blunt the power of unions planning a strike at Coal India, the world’s biggest miner of the fuel. Labor groups including All India Coal Workers’ Federation are demanding the company start early wage talks and begin recruiting to fill vacancies, as well as calling on the government to stop selling its shares of the company. The one-day strike scheduled for September 2 may cut output by about 1.5-million metric tons from the Kolkata-based miner, which produced 536 million tons of coal in the year ended March 31.

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