Korean buyers poised to sue over fake coal quality scam – Glencore, Peabody, Anglo, TerraCom, Macquarie in cross-hairs – Michael West

ALS global coal testing

The mindset of Australian coal sellers is “our coal is cleaner”, “our coal burns best” and last but not least “buyer beware suckers”.

Korean coal buyers are preparing to sue a number of Australian coal exporters for faking test results to boost the quality of their coal. Callum Foote reports as PwC ‘independent report enters frame.

Source: Korean buyers poised to sue over fake coal quality scam – Glencore, Peabody, Anglo, TerraCom, Macquarie in cross-hairs – Michael West