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Coal on top

Curbed Chinese coal production and a reported high-price contract has favoured coal companies in this week’s list of top market risers in Australia and Hong Kong.

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Soaring coal prices have boosted stocks including Yancoal Australia

Bloomberg reported this week that Japanese steel maker Nippon Steel & Sumitomo Metal Corp has agreed to pay Peabody Energy the highest price for metallurgical coal in four years.

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