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    coal investing

    BHP restarts loading at Australian coal port

    Investing News Network
    Apr. 07, 2010 07:22PM PST
    Industrial Metals

    On Wednesday, BHP Billiton, the world’s largest coking coal exporter, has restarted ship loading at its Hay Point coal export terminal in Australia nearly a month after bad weather forced it to close.

    On Wednesday, BHP Billiton, the world’s largest coking coal exporter, has restarted ship loading at its Hay Point coal export terminal in Australia nearly a month after bad weather forced it to close.

    The press release is quoted as saying:

    But BHP (BHP.AX)(BLT.L) said it was yet to lift a force majeure declared on March 24 on some shipments after a cyclone pounded the port and forced staff to evacuate. A vessel was brought alongside one of the terminal’s berths on Friday to allow testing and commissioning of conveyor belt systems, according to BHP.

    Click here to access the entire press release

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