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11-27-2010
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,576
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Pike River: Plenty of demand for high-quality coal
Pike River's hard coking coal was targeted for use in blast furnaces to make steel, primarily in Asia where demand is soaring.It's worth about US$200 ($263) a tonne on fixed contracts, about double the thermal coal burned in power...
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