Minng companies can apply Force Majure so there may be a get out of jail free card, all depends on how their contracts are set up I guess?
It also depends on how much coal is on the stockpiles at the port too, may be a couple of weeks supply. The weather in Mackay region is on it's 3rd day of a drenching so local roads and visbility will cause disruptions as well..
Gladstone Port Authority is where the Bluff Coal gets shipped from, they are relatively clear of weather at the moment..
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4 | 474234 | 0.037 |
3 | 314333 | 0.036 |
4 | 1533571 | 0.035 |
2 | 30000 | 0.034 |
Price($) | Vol. | No. |
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0.040 | 980079 | 1 |
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