Announcement

Tuesday, May 24, 2011

Koreans pay USD 120 for steam coal in latest tender

Coal Portal reported that a spot tender for thermal coal issued by Korea Midland Power Co was awarded at around USD 120 FOB on NAR 6080 kcal/kg basis.

Glencore and Flame will each deliver 125,000 tonnes of coal to the Boreyong thermal power station between July and December 2011.

The

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