BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.
The chief executive of POSCO, the world's No.3 steelmaker, said it would be difficult to raise steel prices enough to cover rising raw materials costs stemming from flooding in Australia, which has affected coal mines, rail links and ports.
IT IS little comfort for those who have lost everything but Queensland’s floods could provide some economic growth as communities rebuild, households […]