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Saturday, October 1, 2011

Wesfarmers Curragh coking coal prices down 9pct for Oct Dec quarter

Saturday, 01 Oct 2011

ninemsn.com.au reported that that the price Wesfarmers will receive for metallurgical coal from its Curragh mine in Queensland during the December quarter will be down by almost 10%.

The diversified conglomerate on Friday said price negotiations with most of the mine's customers for the three months to December 30 had been concluded, with settlements at about AUD 280 per tonne.

This compares to about AUD 310 per tonne for the previous quarter.

(sourced from ninemsn)

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