Seeking to shield coal prices as input costs spike amidst the escalating tensions in West Asia, state-owned miner Coal India informed that it absorbed price shocks of ammonium nitrate – which rose about 44%, and diesel which rose about 54%, without passing on the burden to final consumers.

In a statement issued Friday (April 10, 2026), the Kolkata-headquartered miner informed the cost of ammonium nitrate increased from pre-war levels, that is, as on March 1, of ₹50,500 per metric ton to ₹72,750 per metric ton as on April 1. For context, the chemical element is a critical input used to manufacture explosives which the miner utilises in its open cast mines.