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Black hole: US coal stocks now down over 60% in 2012 as thermal price hits 2-year low

Frik Els | June 11, 2012 | 6:38 pm Energy Asia China Coal 

Coal for power generation at the port of Newcastle in Australia, the benchmark for Asia, was quoted at $87.30 a tonne on Monday, its lowest level since June 2010 and down more than a fifth since the start of the...

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