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    coal investing

    Rail Strike Forces Cancellation of 500,000 mt of Coal Exports from Australia’s Newcastle Port

    Investing News Network
    Feb. 11, 2013 10:10AM PST
    Industrial Metals

    Platts reported that a rail strike that happened over the weekend has forced the cancellation of about 500,000 mt of coal exports from Australia’s Newcastle Port.

    Platts reported that a strike that happened over the weekend has forced the cancellation of about 500,000 mt of coal exports in

    As quoted in the market report:

    The impact across the coal chain was about 500,000 mt and we had about four-fifths of that,” PWCS spokesman Paul Chamberlin said by telephone. PWCS operates two of the three coal terminals at Newcastle port.

    To view the whole Platts report, click here.

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