International coal price skyrockets

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The international hard coking coal price has skyrocketed $US131.50 a tonne in the past week following disruption to Australia’s coal exports by Cyclone Debbie. The price yesterday was $294/tonne, up from $162.50/tonne last week. Cyclone Debbie seriously damaged key rail lines serving mines in Queensland. Three lines are due to open by the end of […]