CAPITAL MARKETS

Grosvenor incident lights fire under met coal prices and Anglo sale process

It has created uncertainty in coal markets and the entire Queensland coal sector

Met coal prices. Chart courtesy of Shaw and Partners

Met coal prices. Chart courtesy of Shaw and Partners

An underground fire at Anglo American's Grosvenor longwall mine in Queensland, caused by a methane ignition event on June 29, resulted in the mine's underground workings being cleared.  It has also...

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