Coal news and updates

Top Coal Shipper Australia Orders Miners to Reserve Fuel

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·         New South Wales state mulls reservation policy: local press

·         Nation is seeking to avoid repeat of power market collapse

Some thermal coal producers in one of the world’s biggest suppliers will be asked to hold back more fuel for local use. 

New South Wales, Australia’s most populous state and biggest coal producer after Queensland, will introduce regulation by the end of this month that will force an unspecified number of miners to hold back as much as 10% of thermal coal output, the office of Treasurer Matt Kean said Thursday.