Australian miners bank on unwashed 5,500 kcal/kg NAR as Chinese demand rises

Many Australian coal producers based in Hunter Valley, one of the primary hubs of coal production, have scaled back washing 5,500 kcal/kg NAR — a process that helps achieve higher grades — amid rising demand from China for the said grade, several participants of the Asian thermal coal market said. Additionally, decline in demand for Australian 6,000 kcal/kg NAR from…Many Australian coal producers based in Hunter Valley, one of the primary hubs of coal production, have scaled back washing 5,500 kcal/kg NAR — a process that helps achieve higher grades — amid rising demand from China for the said grade, several participants of the Asian thermal coal market said. Additionally, decline in demand for Australian 6,000 kcal/kg NAR from…Read More