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A stronger Australian dollar had led to a sharp decline in Australian coal exports and the demand for US coal increased instead. But as the Australian dollar has now dropped more than 20 cents from its highs and is expected to depreciate further, US
Australian Industry (Ai) Group chief executive Innes Willox says the fixed carbon tax should be scrapped, with the policy changed to an internationally linked ETS where markets determine the carbon price. Mr Willox said carbon costs on business would
The federal government has reached an agreement with two mining companies to clean up a uranium mine on the Spokane Indian Reservation. According to the Justice Department, costs of cleaning up the Midnite Mine Superfund Site will be $193 million.
Wednesday 6 July 2011 Lyttelton Port of Christchurch: Coal Exports Are Now Underway The Lyttelton Port of Christchurch is pleased to announce that coal exports have resumed. Exports of coal had been delayed by damage to port infrastructure and
Coal Exports Can Start in September, CFM Promises 5 July 2011 Maputo Mozambique's public owned ports and rail company, CFM, on Tuesday insisted that the Sena railway line will be able to move coal exports from Tete province to the port of Beira as
Demand from China , India and other countries for high-priced metallurgic coal to fuel steel production has grown so strong that ships are backed up south of the bridge waiting to gain a berth at one of Baltimore's two coal terminals. To Helen Delich
Instead, most will report that GDP fell by its largest amount in 20 years...But this was due to the Queensland floods severely disrupting coal exports, which we know is pretty much irrelevant for domestic inflation and rates, given it is temporary
Australia (AP) — Rivers surged to record heights and put rural towns and an already waterlogged city on flood watch Friday in a weekslong crisis that is costing Australia at least $3 billion in lost farming and coal exports.
Officials said that the clean-up costs from the flooding, which has hit about half of Queensland's 715,305 square miles of territory, would reach billions of pounds. The human and economic cost of the disaster could yet deepen after forecasters