Australia’s QCoal on Tuesday became the second miner to declare force majeure in the wake of Cyclone Debbie, as the deadly storm’s damage to railway lines in the country’s northeast disrupts exports and pushes coal prices higher.
The cyclone, which struck last week as a category four storm, one rung below the most damaging category five, has now left a disaster zone stretching 1 000 km (600 miles) and subsequent flooding has claimed at least four lives.
