Coal, News & Features, Resource News
Australia Newcastle Thermal Coal Rises 1.7% to $116.19 a Ton
By Bloomberg · January 13, 2012 · 11:11 am · Leave a Comment
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By Rakteem Katakey
Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, rose 1.7 percent in the week ended today.
Coal prices at the New South Wales port climbed to $116.19 a metric ton from $114.30 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc (XTA), the world’s largest exporter of power-station coal, BHP Billiton Ltd. (BHP) and Rio Tinto Group (RIO) are among mining companies that ship coal through Newcastle.
