Australian coal stocks rally on Anglo American mine explosion

  • 📰 mining
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

No 1 source of global mining news and opinion

Whitehaven Coal is poised for a 17% weekly advance, its best since October 2022, with Sydney-listed Coronado Global Resources and Yancoal Australia posting similar gains. Coking coal futures in Singapore hit a two-month high earlier this week after a fire at Anglo American’s biggest metallurgical coal project in Australia halted production.

The blaze at Anglo’s Grosvenor mine, which started after a methane explosion on Saturday, took roughly 1% of seaborne coal out of the market and could take months to extinguish. It also coincided with the London-based miner’s plans to sell the asset as part of a turnaround plan.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 449. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين