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    coal investing

    Australia’s Coking Coal Exports to Rise to 165Mt Next Year

    Investing News Network
    Sep. 20, 2011 11:59AM PST
    Industrial Metals

    Mining Weekly reported that coking coal exports will increase in 2012 once flood-ravaged coal mines resume full production.

    Mining Weekly reported that coking coal exports will increase in 2012 once flood-ravaged coal mines resume full production.

    The market news is quoted as saying:

    The country exported 159-million tons of metallurgical coal in 2010, but exports were forecast to come in at 137-million tons this year, owing to heavy floods in late 2010 and early 2011, the Bureau of Resources and Energy Economics (BREE) said in a report on Tuesday.

    To read the full market news, click here.

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