Coal industry remain unaffected by price drop
A dip in the contract price of coal by 40 per cent is being shrugged off by the industry. However, it will make a multi-billion-dollar dent in national export revenues.
PricewaterhouseCoopers mining analyst, Tim Goldsmith, said:
You’ve got to look at the fact that last year prices pretty much doubled and in some cases tripled.
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Thu, Mar 12, 2009
Post by Mike Rodger, Coal Reporter