Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016.
Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles (EV).
The Anglo–Swiss multinational announced that it signed agreements with Yancoal Australia regarding the acquisition of a 49 per cent interest in Rio Tinto’s former coal assets in Australia's Hunter Valley