01
Sep
01:00
Jindal suspends output at Australia-based Wollongong Coal subsidiary
Australia-based coking coal miner Wollongong Coal has suspended and "… placed into care and maintenance" operations at its Russell Vale colliery. The miner is a subsidiary of India's Jindal Steel & Power.
“Wollongong Coal has been facing a tough operating environment for some time including ongoing delays in the approval of the company’s Underground Expansion Project (UEP) and significant financial losses,” says Wol…
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Anonymous
Very good overview of the weekly steel market.
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