Coal India monthly output, shipments slump to lowest in 3 years

Coal India, the world’s biggest miner of the fuel, reported the lowest production and shipments in three years after heavy rains flooded its mines. Coal production in August dropped 10.4% from a year ago to 32.4-million metric tons and shipments declined 9.6% to 36.72-million tons, both plunging to the lowest since the same month in 2013. Rains and local agitations cut output by 2.4-million tons, N. Kumar, technical director at the miner, said Wednesday.