Coal shipments to India rose 10% y/y
NewsBetween January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.
Australia’s iron ore miners have secured an unprecedented 71.5 per cent increase in iron ore contract prices, which, coupled with a 120 per cent rise in coking coal prices earlier this year, means Australia is set to receive significant export revenues.
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