When is coal not coal under the Standard Coal Trading Agreement?
As readers familiar with the Standard Coal Trading Agreement (SCoTA) will know, SCoTA provides template relevant standard specifications (RSS) for various types of coal.
The RSS set out various quality parameters, including, for example, net calorific value, ash and total moisture, which comprise the contractual specification. The consequences of failure to comply with the specification are set out in clause 10 of the current version of SCoTA (version 8)…
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