(Reuters) - BHP Billiton Ltd. has declared force majeure on thermal coal shipments from Australia's Newcastle port because of flooding, with the lost supplies pushing spot coal prices to three-year highs on Tuesday.
Rio Tinto, the biggest exporter of thermal coal through the country's top export terminal, said it had not declared force majeure, though other exporters said they could still do so.
Read more at Reuters Africa
Rio Tinto, the biggest exporter of thermal coal through the country's top export terminal, said it had not declared force majeure, though other exporters said they could still do so.
Read more at Reuters Africa
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