Fri,Oct 7, 2011
By Rajesh Kumar Singh
Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, dropped 1.1 percent in the week ended today.
Coal prices at the New South Wales port declined to $121.14 a metric ton from $122.54 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc (XTA), the world’s largest exporter of power-station coal, BHP Billiton Ltd. (BHP) and Rio Tinto Group are among mining companies that ship coal through Newcastle.
(sourced bloomberg)
Lee Universal Enterprises is a leading International mining company.We are leader in mining,processing and export of minerals. Company's Business area is spread all over the world including India, Indonesia,China and Australia.Mainly we work in Coal, Iron Ore and Red Ochre.
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