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Thermal coal prices reach decade high

From post-COVID-19 lows of $US50/tonne, spot prices for high quality Australian thermal coal (6,000 kcal/kg) have climbed back above $US122/tonne, the highest prices seen for the commodity in almost a decade. The driver for the price increase has been strong demand from Asia, the main buyers of high-grade Australian thermal coal, amid supply constraints from thermal coal exporters across the world.
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The seven wonders of the luxury world

Most of us will never be billionaires – but we can dream right? If you have been lucky enough to receive jewellery, a fine watch or vintage wine as a gift — it’s a good idea to look after it …
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Busker to billionaire

Cirque Du Soleil is a Canadian entertainment company that is the largest theatrical producer in the world. Founded by two former street performers it has grown from humble beginnings to shows in over 300 cities on every continent except Antarctica. …
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Look beyond the mainstream leaders

Securing finance for your company’s plant and equipment can be a daunting exercise, but doesn’t need to be. Whether you require a finance advisor, a specialist in plant and equipment finance, or you simply want to ask some questions about …
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Questions to Adani from Four Corners

For anyone that didn’t see Four Corners this week, the show was what many would call a ‘stitch up’ on the Australian coal industry and in particular, Adani and the proposed Carmichael Project. The Adani responses, which weren’t aired on …
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Coal in India

For those taking note of all the negative news on the coal industry and the impact on our regional economy, the following report may be of interest. Prepared by the office of the Chief Economist, Department of Industry and Science, …
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