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However, many other countries including China, India, Russia, and U.S. have witnessed greater coal exploration activities, which has fueled the demand for mining equipment particularly for shearers and continuous miners.
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Based on application, the market is divided into metal mining, mineral mining, and coal mining, among which the metal mining segment is anticipated to dominate the global mining equipment market throughout the forecast period.
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There is significant scope for new mining capacities in iron ore, bauxite, and coal. India has an advantage in the cost of production and in conversion costs of steel and alumina. Sustained growth in India's automotive sector has been driving demand for steel and aluminium.
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overview of coal mining industry in india future prospects and possibilities ... landed price of coal ----- royalty/cess/sales tax –13% transportation – 44% 5. 234 249 257 12 12 49 12 49 51 261 217 220 12 10 10 10 10 9 8 8 9 71 45 ... coal india* 69.96 90.05 130.81 178.6 250.62 279.65 360.94
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