Mozambique to ship first metallurgical coal cargo to top seaborne exporter Australia

Brazilian mining major Vale had fixed a vessel to carry a 70,000 mt (plus/minus 10%) metallurgical coal cargo from Nacala in Mozambique to Port Kembla in Australia loading between July 13 and 15, market sources said Thursday. According to S&P Global Platts cFlow trade flow software and traders, this would be the first direct shipment…

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