Tag: PCI coal
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Australia to add 14 mnt of coking coal capacity by 2023 amid heightened demand and prices
While coking coal prices have come down to $375/t FOB Australia, these are still higher against pre-Covid levels of $100/t amid increased demand from European and Asian markets, which has motivated Australian miners to either go for expansion or restart exports of certain grades from existing mines. It may be recalled, coking coal prices have…