Tag: Prices
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Australia: Peabody to Suspend Wambo Coal Mine Operations amid Grim Demand Outlook
The sweeping impact of decreased industrial activity across the world due to Coronavirus (COVID-19) driven restrictions, is now being felt on demand for various commodities, including thermal coal. As per latest updates, following the substantial fall in non-coking coal demand and prices thereof, the world’s largest private coal miner, Peabody has decided to partially shut…