Monday, June 18, 2007

Newcastle Coal Exports May Be Disrupted by Third Storm Forecast This Month

(Bloomberg) -- Australia's Hunter region, the center
of the nation's thermal coal industry, is forecast to be hit by
storms for the third time this month, raising concerns about
renewed disruptions to exports of the fuel from Newcastle.

The Bureau of Meteorology today issued a severe weather
warning for New South Wales state, forecasting ``widespread
damaging and locally destructive winds, flash flooding and
damaging surf'' in areas including the Hunter coast, which
includes Newcastle, the world's biggest coal export harbor.


Read more at Bloomberg Energy News

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