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Coal prices may be headed higher after BHP Billiton declares force majeure

Michael Allan McCrae | April 02, 2012 | 5:39 pm Energy Australia China Europe Coal 

BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia. Ongoing labour woes and heavy rains forced the world's biggest miner to make the announcement. The move could push coal prices higher, since the Bowen Basin...

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