Apex has recently signed an agreement to market Colombian MV coking coal as recently published in Argus https://www.argusmedia.com/en/news/2151844-atlantic-coking-coal-australian-offers-dampen-prices
This coal will have the following specifications
|Guaranteed||Mid Volatile HCC|
|Total Moisture (as received)||8% max|
|Volatile Matter (dry basis)||22-27% max|
|Ash (dry basis)||9.5% max|
|Total Sulphur (dry basis)||0.90% max|
|Phosphorous (dry basis)||0.053% max|
|Fluidity log ddpm||1.5 ≤ Fluidity ≤ 4.00|
Apex has arranged South Africa’s first hard coking coal offtake export contract between AIM, ASX and JSE listed MC Mining and HDCTC, a Chinese state owned enterprise 1454-first-makhado-project-hard-coking-coal-off-take-agreement-secured (mcmining.co.za)
Apex has been appointed the exclusive agent for the sale of a mid vol coking coal mine located in Pennsylvania.
The mine produces the following specification:
QUALITY DRY BASIS:
Ash 10.5% Max
Sulfur 1.25% Max
Volatile 21% to 25.5%
DDPM 800 Min
Oxidation 85 Min
Moisture 7.5% Typical
Size 2″ x 0
Apex has been appointed the exclusive agent for the sale of 8.1 million tonnes of US coal fines, located in West Virginia and Ohio.
Apex has recently appointed the renowned legal firm Gordon Dadds LLP, to handle its legal affairs.
Apex has arranged its first thermal coal deal, between a US trader and European utility.