ON the back of BHP Billiton reportedly settling low volatile pulverised coal injection coal at 20...
Macarthur said on Thursday that settlements had resulted in shorter-term pricing structures, including quarterly and six-monthly pricing, and were in line with market settlements.
BHP was believed to have locked in its PCI contracts on a quarterly basis at $US170-180.
Macarthur produced PCI coal from its Coppabella and Moorvale operations in Queensland.
Macarthur closed up 2.5% at $A12.30.
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