The seaborne coking coal spot market was largely stable on Friday October 26 following a flurry of transactions earlier this week.
Market sources said that production at the Middlemount mine in Queensland, Australia has been disrupted, and an offer for a December-loading cargo involving a tier-two product from the mine was heard to have been withdrawn. "The issue is being looked into. However, the extent of disruption or any other information cannot be confirmed at the moment," a source with knowledge of the matter said.At the time of writing, Yancoal Australia, which operates Middlemount, had yet to respond to a request for further information about the situation at the mine.The Middlemount mine is an open-cut...