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05 Jul
12:13

Coking coal firms as Rio dumps Blair Athol

Seaborne coking coal prices have been fluctuating alongside other commodities in recent weeks, with deals this week up a little from two weeks ago. The troubled state of the sector, however, was demonstrated by the AUD 1 ($0.75) sale of Blair Athol by Rio Tinto, Kallanish notes. 75,000 tonnes of hard coking coal traded on the GlobalCoal platform at $91.75/t fob Australia for August delivery. Unbranded coal had traded on the platform at $100/t for June …
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