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BHARATCOAL — Bharat Coking Coal News Story

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Coal stocks jump as India designates coking coal as critical mineral

** Bharat Coking Coal BARC.NS and Coal India COAL.NS shares jump after India designates coking coal as a critical and strategic mineral

** BARC up nearly 2% and COAL rises about 1.4% to 37.88 rupees and 449.70 rupees, respectively

** Inclusion is expected to facilitate faster approvals and accelerate exploration and mining activities

** Currently, around 95% of coking coal requirements of the steel sector are met through imports - coal ministry

** COAL trading volume at 9.04 mln shares vs BARC at 52.45 mln shares as of 13:30 pm IST

** BARC down about 6% since debut on Jan 19, COAL up 11.3% so far in Jan

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

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