CRA provided consulting assistance, market analysis, and expert testimony in connection with the arbitration of a long-term contract for the sale of metallurgical coal in the international market. The analysis concerned:
– The evolution and working of the international metallurgical coal market.
– The determination of a market price for the particular coking coal given the coking requirements of the buyer and the availability of competing coals.
– An evaluation of the inequity and hardship placed upon the contracting parties.
– Estimation of mining and transportation costs.