New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.
The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels.
The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.
Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say.
