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Jan 27, 2010· Japanese steelmakers oppose miner BHP Billiton''s attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would not suit their clients in manufacturing, they ...

BHP Billiton reached a quarterly pricing agreement with the Japanese for coking coal. Press reports from the Pacific Rim region say that BHP struck a deal with JFE Holdings to supply an unknown amount of coking coal for 200/metric ton (mt).

May 10, 2018· The coking coal sector''s increased reliance on spot pricing is a positive for BHP, which has long advocated for transparent, daily market pricing systems rather than longterm contract prices ...

BHP has been handing out multiple contracts at South Flank throughout this year since work began in mid2018. ... in a BHP quarterly update, said. ... according to BHP. BHP''s metallurgical coal ...

Feb 05, 2018· Spot prices for premium coking coal quadrupled yearoveryear in 2016 and, during cyclone Debbie, Platts'' premium coal prices saw their largest daily increase of US (or 32%), to US241/t FOB Australia on April 5. This made it almost impossible for northeast Asian steelmakers and miners to agree mutually on a fixed quarterly contract price.

BHP Billiton Ltd wants to move to monthly contracts for coking coal rather than quarterly pricing, according to several media reports. Japan''s Nikkei newspaper recently reported that BHP Billiton ...

Mar 24, 2010· UPDATE 2BHP issues force majeure on Australia coking coal. ... majeure on some Australia coking coal ... mills agreed earlier this month to a quarterly coking coal supply contract .

The big change has come in a quarterly contract agreement with the Japanese where they have agreed to pay a premium of 55 percent over the prices asked for right now. After they weren''t able to agree to a 12month price with BHP Billiton Mitsubishi Alliance, Japanese mills agreed to pay 200 a ton until June 30 for coking coal provided to them.

Financial results and operational reviews. Skip to content. We use cookies to improve your experience. By your continued use of this site you accept such use. ... For BHP Group Limited and BHP Group Plc shareholders. Discover more. Meetings. BHP Annual General Meeting information.

The coal industry remains a major supplier to key industries such as steelmakers and utilities with coalfired electricity plants, despite growing global awareness of climate change and moves to ...

Jun 01, 2017· The coking coal industry is ready to make a "definite change" away from quarterly contract prices in favour of adopting something closer to the daily market price, according to BHP .

Jan 05, 2011· Fiona Martin, spokeswoman for BHP, declined to comment on what percentage of the company''s coal contracts are settled on a quarterly basis. BHP BillitonMitsubishi Alliance, known as BMA, is the world''s biggest exporter of coal for steelmaking and operates seven mines in .

Mar 08, 2010· Global miner BHP Billiton has won a key break from traditional annual benchmark prices by agreeing to sell a major portion of its coking coal to Asian and European customers on term contracts.

BHP President Operations Petroleum, Geraldine Slattery, today said Petroleum is set to deliver strong returns and contribute significant value for BHP through the 2020s and beyond, built on a foundation of quality assets, and attractive growth option Speeches. 30 October 2019, 01:06 PM ...

Oct 28, 2019· BHP Mt Arthur Coal have recently commenced a, 5 year contract with a Tier One Mining Services Provider at Mt Arthur South. This is a full turnkey mining contract including mine planning, drill blast, loadhauldump and statutory obligations all .

BHP is committed to providing full, fair and reasonable opportunity for Australian suppliers. In line with our commitments under the Australian Jobs Act 2013 and approved Australian Industry Participation Plan, opportunities to engage with BHP''s proposed BFX project at its Olympic Dam operation in South Australia can be accessed through the Industry Capability Network Gateway.

BHP Billiton has settled hard coking coal prices 55% higher than last year for the June quarter with customers in at least China and Japan. BHP''s customers in Japan confirmed that they have agreed to pay 200 per tonne fob for the June quarter, up from 129 fob for the previous contract year, while those in China are falling in line.

May 07, 2018· The coking coal sector''s increased reliance on spot pricing is a positive for BHP, which has long advocated for transparent, daily market pricing systems rather than longterm contract prices. BHP ...

BHP Billiton has escalated its quest to wipe out yearlyreset iron ore contracts to coking coal, saying it has converted some longterm contracts to quarterly deals.

Oct 16, 2018· Global mining services provider Thiess signs a billion deal at BHP''s Mt Arthur Coal operation in New South Wales, which will expand the project and create hundreds of local jobs.

Mar 30, 2010· Vale and BHP Billiton will sell Japanese steelmakers iron ore priced quarterly from April 1, signalling the demise of annual fixedprice contracts that were costing miners billions of dollars in ...

Jun 01, 2017· The Japanese are backed by BHP, the world''s biggest producer of coking coal, a key steelmaking ingredient. However, other miners are against .

BHP Billiton is "extremely unlikely" to capitulate in its bid for monthly coking coal pricing, despite rival Anglo American securing a record quarterly coking coal contract earlier this month ...

BHP Billiton Coal Briefing and Queensland Coal Site Tour BMA Presentation. BHP Billiton Coal Briefing and Queensland Coal Site Tour. Bank of America Merrill Lynch Global Metals, Mining Steel Conference 2013. Australian British Chamber of Commerce April 2013. AJM Global Iron Ore Steel Forecast Conference 2013
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