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Singaporean consortium secures $850m for South32’s Australian coking coal
South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.
The Indonesian government set its coal benchmark price (HBA) for March at $67.08 per tonne, higher than $66.89 in February, its energy ministry spokesman, Agung Pribadi, said on Thursday.
The benchmark price rose slightly as coal mine operations in China were affected by the coronavirus epidemic, Pribadi told Reuters
There was also a slight increase in demand from Japan, India and South Korea.
(By Wilda Asmarini and Fathin Ungku; Editing by Maju Samuel)
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