Coal Price Hike

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia's power, shot to records this year as Russia's invasion of Ukraine up

Company to pay out $3 bn in share buyback, also promises $1.45-bn special dividend; adjusted EBITDA more than doubles to $18.92 bn

The company has hiked prices of non-coking coal which will raise average coal price by about 8.5 per cent