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Coal soars 15% as Australia shipments take a hit from cyclone

Wednesday, April 5, 2017 - 05:50

Sydney

COKING coal on Tuesday rallied by the most in almost four years after damage from tropical cyclone Debbie hit shipments of top exporter Australia, setting off a surge in producers' shares as Wood Mackenzie Ltd and UBS Group AG predicted the commodity's advance may have much further

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