Macquarie bullish on met coal price

RAIL disruptions in Queensland are expected to continue into 2019 having the potential to limit the supply and possibly increase the price of metallurgical coal from the Bowen Basin, according to a report by Macquarie Bank.

The Dalrymple Bay Coal Terminal in Queensland.

22 November 2018
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Optimism for met coal's outlook is also being predicated on more supply disruptions from mines like Peabody Energy's North Goonyella longwall operation, which experienced a fire earlier this year,

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