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NSW thermal coal charges up as demand rises

Newcastle thermal coal futures have risen to their highest price since July 2018 at $US121.25 ($156.50) per tonne on Wednesday, off the back of increased demand for the commodity in Asia. The price rise marked a 93 per cent increase in the past year, closing at...

Vietnamese company scoops up NT iron ore site

Vietnamese steelmaker Hoa Phat Group has acquired the Roper Valley iron ore project in the Northern Territory. According to Hoa Phat Group, the Roper Valley iron ore project has an estimated 320 million tonnes of reserves with a four-million-tonne-per-year mining...
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