The largest coal miner in the world, Coal India, has temporarily suspended supply to several industrial consumers in India as it prioritizes shipments to the coal power plants which provide most of the electricity in the country, the company told Bloomberg in a text message on Thursday. India, like other countries in Asia, faces a severe coal supply shortage, threatening power outages and industry slowdown, amid rallying global prices of coal and natural gas. “This is only a temporary prioritization,” according to Coal India’s text message to Bloomberg. “Once the situation stabilizes, expected within a short time, and stocks at coal-fired plants attain a comfort level, other sectors will be brought back to their regular supply norm,” the world’s top coal miner said. The current coal shortage in India, which has an average of just three days worth of coal in stockpiles, could last for up to six months […]