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Jindal Steel says declared force majeure on Australian mine

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Reuters MANILA/NEW DELHI

MANILA/NEW DELHI (Reuters) - India's Jindal Steel and Power suspended operations at its coking coal mine in Australia last month due to heavy rains caused by Cyclone Debbie, forcing it to declare force majeure, its CEO said on Thursday.

"We will resume our mining in 14 days," Ravi Uppal told Reuters by phone.

Uppal said the company was receiving inquiries from Chinese and Japanese clients to whom they sell part of the output from its Wongawilli coking coal mine in New South Wales.

Top coking coal shipper BHP Billiton and Glencore were among miners who declared force majeure on shipments from Australia's Queensland state after landslides caused by Debbie hit a critical mountain pass on the railway connecting the world's single biggest source of coking coal to ports.

 

(Reporting by Manolo Serapio Jr. in Manila and Neha Dasgupta in New Delhi; editing by Jason Neely)

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First Published: Apr 06 2017 | 5:11 PM IST

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