Fitch raises thermal coal price predictions as energy crisis deepens

James Baxter-Derrington
clock • 2 min read
Coal power demand grew in 2021 | Credit: iStock
Image:

Coal power demand grew in 2021 | Credit: iStock

Influential ratings firm predicts rise in thermal coal prices over next few years as the energy crisis and global economic headwinds worsen

Fitch Ratings has cut its price assumptions for most metals and mining products in the face of a worsening outlook for economic growth worldwide, yet it has also simultaneously raised its cost expectations...

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