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11 Apr
13:39

Coking coal to remain elevated, Australia benefits: Moody's

Australian producers are set to benefit from increased pricing and restricted supply of coking coal due to the Russia-Ukraine war and EU ban on Russian coal imports effective from August, says Moody’s. Russia was expected to be a source of supply growth for metallurgical coal over the coming years and the market was already experiencing record prices before the war in Ukraine. These record prices largely reflected weather-related supply problems in Aust…
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