Thermal just getting stronger by the day. Coking coal will eventually surpass thermal price
My view is that the first coal out of BBM will be 7,500 kcal thermal that is really PCI. That is a 25% calorie premium to 6,000 kcal NewC benchmark and it is 0ne third the ash.
all in my opinion
Ann: BBM Significant Development Progress Achieved, page-88
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