Australian coking coal prices inch up post ArcelorMittal deal

Australian premium low-volatile hard coking coal prices increased by $1/t to $215.50/t FoB, as spot trading resumed with ArcelorMittal’s tender concluded at $205/t FoB yesterday for 80,000 t of Australian premium mid-volatile Peak Downs coal with end-Aug’21 laycan. Meanwhile, Australian coal miner Stanmore Resources has acquired a mining lease to develop its Isaac Downs project in Queensland.


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