India ‘Doesn’t Want Foreign Coal’ FacebookTwitterLinkedInEmailPrint分享Tim Loh for Bloomberg News:India has some bad news for the world’s struggling miners: it doesn’t want foreign coal.“I’m trying to find new reserves so I can remove my dependence on imports,” the country’s coal and power minister Piyush Goyal said in an interview Friday at Bloomberg’s headquarters in New York. Asked when India might stop importing the power-plant fuel altogether, Goyal said “I wish it was yesterday. Maybe two or three years.”In recent years, India’s been considered a possible savior for beleaguered coal miners including Peabody Energy Corp. that have suffered amid slowing Chinese demand and plummeting commodity prices. But it may be no white knight. In 2015, it increased its own production of the power-plant fuel and slashed imports in “a big way,” according to Andrew Cosgrove, a Bloomberg Intelligence analyst.That trend will probably accelerate in coming years as India seeks to increase its annual electricity production fourfold by 2030, to as much as 4.5 trillion kilowatt-hours from 1.1 trillion kilowatt-hours at present, Goyal said. State-owned Coal India Ltd., the world’s biggest coal producer, plans to increase annual production to about 1 billion tons in the next four years, while India’s overall domestic coal output could climb to 1.5 billion tons, he said.The company, which produces more than 80 percent of India’s coal, reported record production and dispatches during the year ended March 31, after faster land purchases and government approvals led to the opening of new mines.India is developing new shipping routes and adding railroad capacity to transport domestic coal from mining areas to coastal power plants in hopes of further reducing its reliance on foreign coal.“At the end of the day, I may only be left with imports to the extent where certain plants are designed for imported coal,” Goyal said. “Until the time I can either retrofit or replace those plants.”India’s Energy Minister Wants to Cut Coal Imports to Nothing
LeBron James is to the point that his return to the court will be a game-day decision Thursday.The 34-year-old superstar has participated in full contact scrimmages this week for the first time since straining his left groin Dec. 25 but continues to be listed as day-to-day. Almost that time again! I’ve missed you so damn much! 😤🦁 🗣🤯#BeenACagedAngryLion. #striveforgreatness🚀 #jamesgang👑 photo cred @graydientvisualsA post shared by LeBron James (@kingjames) on Jan 28, 2019 at 3:10pm PSTJames originally suffered the injury in the third quarter of the Lakers’ win over the Warriors on Christmas Day. He met with trainers on the court, appeared to tell them he “felt it pop” and then headed to the locker room without assistance. James underwent an MRI the following day and said on Twitter he “dodged a bullet.” But, he has missed the Lakers’ last 16 games. Los Angeles (26-25) is 6-11 in his absence and has fallen into the ninth spot in the Western Conference standings, two games back of the Clippers — an added twist on whether James could return for Thursday’s intracity matchup.Los Angeles signed James to a four-year, $153.3 million contract in July. He is averaging 27.3 points, 8.3 rebounds and 7.1 assists in 34.6 minutes per game this season. View this post on Instagram LeBron getting shots up after practice: pic.twitter.com/4R9jR9EJfi— Mike Trudell (@LakersReporter) January 28, 2019He was only able to watch from courtside Tuesday night as the 76ers beat the Lakers, 121-105, though reports have suggested four-time MVP could be back on the court Thursday to face the Clippers.However, coach Luke Walton insisted the team will make a last assessment on James.Asked whether he was viewing Wednesday’s practice as a final test for James, Walton told reporters: “No, we’re looking at it as we’re going to practice again.”We’ll do some full-court scrimmaging again, see how he feels.Although the Lakers were unable to recover from a slow start, Luke says he’s proud of them for fighting back and competing. pic.twitter.com/jlLzqBHVFw— Los Angeles Lakers (@Lakers) January 30, 2019″No matter what happens, the decision won’t be made [Wednesday]. It will be about how he feels later that night and into what he feels like the next day when he wakes up, more importantly.”So, not a final test, just another day of seeing if he’s ready yet.”James said on Instagram later Monday it was “almost that time” to play again.
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