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07 Sep
16:36

Strong coking coal fuels Olive Downs

Coking coal prices have remained strong supported by the firm Chinese steel market. Those prices are fuelling a number of investments, with the Olive Downs project one of the largest new mines planned to enter the market, Kallanish notes. On globalCOAL on Friday 75,000 tonnes of branded hard coking coal sold at $192/tonne fob Australia. That was up from a deal at $187/t fob on 4 September. On the Dalian Commodity Exchange meanwhile January 2019 coking coal settl…
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