CAPITAL MARKETS

Qld floods hit Anglo, Cockatoo

ANGLO American Metallurgical Coal has become the latest mining company to call force majeure on coal export contracts as the floods in Queensland continue to take their toll, resulting in billions of dollars of lost exports.

Lau Caruana
Qld floods hit Anglo, Cockatoo

Emerging producer Cockatoo Coal has also been hit by the deluge, revealing today that a bund wall has been breached at its Baralaba mine in the Bowen Basin. Anglo’s affected mines are Callide, Dawson,...

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