The elephant in the room has been the proposed huge ADANI coal mine in Australia that was destined to supply immense quantities of thermal coal to India. However, recent issues:-
http://www.bbc.co.uk/news/world-australia-33815059 now seem to indicate that the project is dead in the water. This is excellent news for CZA as the price of thermal coal should not fall as a consequence of the enormous new supplies plus there will remain the un-satiated demand for coal in India. Indeed, I wonder if the future price of coal already had this mine's output built into the price - and will now have to rise as a consequence.