India supplies around 100Mtpa to world trade.
It is a pretty important souce. Ultimately it is not about how much any country supplies but if they are at the marginal point for price setting. If Indian Ore drops away then the next higher cost option becomes the source of supply.
India is an important source of coal. The political uncertainity whether they do ban exports or do not ban exports means that people will look to other sources for security of supply.
That may not be Sundance, but it does mean that companies like Sundance will be potential beneficiaries.
Fingers crossed for Sundance. Hope you boys kick ass and get this project over the line for the Mblam Convention
Cheers,
KJ
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