Pike River Coal sells met coal to Japan, India at US300.00/tonne

摘要

Pike River Coal Limited has obtained US300.00/tonne FOB for the premium hard metallurgical coal it will ship to two Japanese steel mills and India's Gujarat NRE Coke Limited in FY2008. This is Pike River's first foray into the international market. "We are pleased to sell our first coal at record prices which are in line with price settlements announced by Australia's major hard coking coal produc-ers for their premium quality hard coking coal," Pke River CEO Gordon Ward said.