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New Hope boss Rob Bishop believes Australia’s biggest thermal coal mine should be available for mining after 2030 if BHP chooses to exit.
The global scramble to secure coal from anywhere but Russia has it in a position to replace iron ore as the market’s next source of super profits.
The state-owned Yunkuang is considering a move for Yancoal at $US3.60 a share, in a test for the new Labor government trying to reconnect with Beijing.
Following the start of the special operation in Ukraine, nations in the West imposed extensive sanctions on the Russian economy and froze the Nord Stream 2... 03.03.2022, Sputnik International
Coal prices have hit their highest level since 2008, with the Australia Newcastle benchmark hitting $446 per ton on Wednesday