(Bloomberg) -- Coal shipments from Australia's
Newcastle port, the world's biggest coal-export harbor, will be
disrupted all week after storms closed the terminals and flooding
and landslips affected the railway to the port.
About two million metric tons of shipments may be lost as a
result of the disruptions which may last until June 15, the
Hunter Valley Coal Chain Logistics Team, the coordinator of coal
movements along the rail system and through the port, said in a
statement. BHP Billiton Ltd., the world's biggest mining company,
declared force majeure on deliveries, while Rio Tinto Group
closed three mines in the Hunter Valley.
Read more at Bloomberg Energy News
Newcastle port, the world's biggest coal-export harbor, will be
disrupted all week after storms closed the terminals and flooding
and landslips affected the railway to the port.
About two million metric tons of shipments may be lost as a
result of the disruptions which may last until June 15, the
Hunter Valley Coal Chain Logistics Team, the coordinator of coal
movements along the rail system and through the port, said in a
statement. BHP Billiton Ltd., the world's biggest mining company,
declared force majeure on deliveries, while Rio Tinto Group
closed three mines in the Hunter Valley.
Read more at Bloomberg Energy News
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