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New Columbia Resources fka NEWC Message Board InvestorsHub
WebThe NEWC Index is the settlement price for a significant volume of index-linked contracts – from Australia and Indonesia to Japan and India The NEWC Index prices the vast majority of coal derivatives in Asia, with some 350+ million tonnes of gC ICE Newcastle Futures cleared annually The strengths of the NEWC Index Reliable, comparable inputs WebThe spot price of coking coal has skyrocketed this year from $70/tonne to over $ 245/tonne. Original plans are for output of 30,000 tonne/month, at today's spot price that would generate monthly revenue of over US$ 7,000,000. peaches by cassie brace
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