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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS


Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million metric tons, the Australian newspaper reported.

The rains, as well as Chinese imports and increased global steel output, might leave the coking coal market tighter than in 2008 when prices tripled to $300 a ton, the newspaper said, citing Anglo American Metallurgical Coal chief Seamus French.

The miner is taking its first step into annual coal price negotiations to resist a push by BHP Billiton Ltd. to introduce shorter-term pricing, the newspaper reported.
Source: Bloomberg



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Thursday, 01 April 10
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Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
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Thursday, 01 April 10
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The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


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