<h1>Government to set up SEBI-regulated mineral trading exchange like London Metal Exchange to improve price discovery and boost exports</h1> The government announced plans to establish a SEBI-regulated mineral trading exchange modeled on the London Metal Exchange, recently authorized by legislation with implementing guidelines to follow, aimed at improving price discovery for industry and traders. Officials said the move accompanies policies to boost coal, iron ore and aluminium production and exports, and highlighted substantial reductions in coal imports that saved foreign exchange. The administration urged private steelmakers to recalibrate boilers to burn domestic coal, and assessed that recent US tariffs will have limited impact on the domestic coal sector.