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Austral wins 23% coal price hike

AUSTRAL Coal, the second biggest producer on the New South Wales south coast, said today it has won an average price rise of more than 23% for its coking coal products from export and domestic customers.

Greg Tubby

"Contracts for 70% of the company's 2001 production volume have now been concluded with negotiations of contracts for the balance well advanced with similar price movements expected," managing director...

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