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Whitehaven settles contracts

WHITEHAVEN Coal has locked in new three-year coal sale contracts for 1 million tonnes per year of semi-soft coking coal and pulverised coal injection coal, with prices averaging $A250 per tonne FOB in the 2009 financial year.

Angie Tomlinson
Whitehaven settles contracts

The contracts will be supplied at prevailing market prices, fixed annually, starting at $250/t. The company has also secured about 600,000t of new thermal coal contracts with Asian customers for the...

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