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Coal rises from ashes, rally to last until 2017

Friday, October 7, 2016 - 05:50

Tightening market conditions in both the Atlantic and Pacific basins mean that further price rises are possible, as demand picks up from Europe to Asia and as supplies fall.


TALK of coal's demise is proving premature, with prices soaring from 10-year lows this year and further rises on the cards into 2017 as the "dirty" fuel continues to be very much in demand for power generation.

A global push to reduce greenhouse gas emissions in favour of

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