Jump to navigation

Vol 2 (AAC) No 6

Published 1st April 2009


Old King Coal

Japanese and Indian interest in Mozambican coal is growing and export prices are rising again. In a deal in March between the BHP Billiton Mitsubishi Alliance and Japan's Nippon Steel with coal, the price of coal was fixed at US$129 a tonne for the Japanese fiscal year. That is down from peaks of around $350 in mid-2008, but better than the $85 a tonne seen in mid-2007.

End of preview - This article contains approximately 529 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.