The magnificent leap forward for the Company in productivity and profitability came from the dramatic improvement in clean coal at its West Bokaro Collieries. Over FY 2005-06, the ash content in clean coal was reduced from 15.5 to 13%. With this drop in coal ash, the Company cut down its use of imported coal from 46% to 31%, while maintaining the same coke ash rate. This 15% drop in use of imported coal added significantly to the Company’s performance. During the year, Tata Steel also bought a 5% interest through a Joint Venture with AMCI (Australia) in the Carborough Downs Coal Project to secure future supplies of imported low ash coal, coking coal and PCI coal. Tata Steel’s share will, over the life of the project, give it an equivalent proportion of the production, scheduled to commence in 2006.