Hi @borano, good point. I cannot find an index for met coal - do you know a good source? I think they are met and thermal are pretty correlated, and as you say, there is likely to be the ability to substitute between the two to some degree. Im not an expert on this though. Id imagine blending lower grade thermal with lower grade met coal may get higher grade thermal. Either way, thermal coal prices going up is good for SMR.
SMR Price at posting:
$2.73 Sentiment: Buy Disclosure: Held
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