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Coal Investing

Mozambique Coking Coal Miner Beacon Hill to Link Pricing to Spot Index

Industrial Metals

Platts reported that Beacon Hill Resources (LSE:BHR) will sell coal at spot index-linked prices to Global Coke.

Platts reported that Beacon Hill Resources (LSE:BHR) will sell coal at spot index-linked prices to Global Coke.

As quoted in the market news:

The updated offtake agreement stipulates that Global Coke will be able to buy up to 600,000 mt/year of coking coal from Minas Moatize Mine, for the life of the mine, linked to a spot HCC index produced by Platts.

Click here to read the full Platts report.

offtake agreementCoal Investing
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