It said that macro industry conditions, including a mild Northern winter, low natural gas prices, as well as trade and import policy uncertainties, were a challenging backdrop to start the year.
The government also expected to finalize power purchase agreements this year for a planned new 100MW pilot power plant using coal bed methane, gas trapped in underground coal seams.
Deloitte’s “Tracking the Trends” annual mining report, warns mining leaders they will have to work this year on building trust with communities, consumers and investors.