MANAGEMENT

Australia positioned for Asian demand

TIGHT supply and demand fundamentals continue to support robust seaborne met coal prices with ongoing demand from China and India, according to Peabody Energy CEO Glenn Kellow.

 Peabody Energy CEO Glenn Kellow with World Coal Association vice-chairman Mick Buffier.

Peabody Energy CEO Glenn Kellow with World Coal Association vice-chairman Mick Buffier.

He said coal was also an essential ingredient in original steel making which consumed 1 billion tons of coal each year.   Spot coal prices averaged US$206 per short ton in the March quarter and the...

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