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Australia coal production affected by flood

01-04-2011 08:48 BJT

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Severe weather is battering Australia's northeast. Flooding has submerged large parts of Queensland, including hundreds of homes and businesses.

The rising waters are wreaking havoc for coal miners in the country. Nearly all have temporarily shut down, and rail transport has ceased. As a result, coal producers including the world's largest coal supplier BHP Billiton, say they won't fulfill their contracts on time.

The affected coal mines produce more than 100 million tons of coal each year, around 40 percent of the world's total supply. Analysts expect coal prices to continue to rise.

Editor:Xiong Qu |Source: CNTV.CN

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