Monthly Archives: April 2011

Xstrata agrees record coal price with Japan

Xstrata, one of the world’s biggest coal exporters, has come to an agreement from today to sell Australian thermal coal to Hiroshima-based Chucogu Electric Power for one year at $129.80 a tonne it was announced. The new benchmark price contracted per tonne, which is around 30 percent up from the previous year, is an all…