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26 Feb
15:43

Coronado Resources foresees coking coal price rise

Coal producer Coronado Global Resources believes it has passed the most severe period of weak coking coal prices. The company expects metallurgical coal demand and prices will increase, Kallanish notes. The producer acknowledges the Australia-China trade dispute caused international metallurgical coal prices to fall sharply. However, as demand resumes in other markets, such as India, Pakistan and the Middle East, the price of Australian coal will rise, it adds. Co…
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