While we wait for the next ramp up in sp we might as well educate ouselves on the various grades of coal:
What is metallurgical coal?
Metallurgical (met) coal (or coking coal) is a naturally occurring sedimentary rock found within the earth’s crust.
Categories of met coal include hard coking coal, semi-hard coking-coal, semi-soft coking coal and pulverised coal for injection (PCI). These apply to the different quality grades of met coal, all of which are used to make steel. Met coal typically contains more carbon, less ash and less moisture than thermal coal, which is used for electricity generation.
News: NHC Australia's Coronado flags high met coal demand from Europe ahead of Russia ban, page-11
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$4.18 |
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