World supply and demand for coal

posted by
June 14, 2011
Casey Research
by Casey Research Energy Team  
Posted in Commentary

"Coal prices are surging ahead even as most other commodities pull back, spurred on by expectations that metallurgical and thermal coal production will again fail to meet rising global demand this year. The result? Record profits for major coal producers like Xstrata, a surge in acquisitions from coal-hungry India, Chinese electricity shortages, and a raging carbon tax debate in Australia amid record investments in that country’s coal-heavy mining sector." (06/13/11)  

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