Tag: coal industry

Mining & Resources

Australian coal prices reach six year high

Increased demand for electricity in China has prompted thermal coal prices to reach a six year high in recent days - almost double the lowest commodity rate of 2016. Meanwhile, the New South Wales government is forecasting $1.8 billion in mining revenue for the 2018 financial year (more than 90 per cent of which will…

8 Jun 2018, by Amy Sarcevic

Mining & Resources

Metallurgical Coal Market Outlook with CRU Group

For a few years, Metallurgical Coal was a very attractive commodity for investors and mining companies. As rapid demand growth met with supply disruptions in Australia, the prices for metallurgical coal rose at very high levels. For a couple of years, prices were two to three times of the production costs for some companies. The…

5 Jun 2014, by Informa Insights