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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by steeler07on Oct 19, 2011 8:17am
342 Views
Post# 19162155

RE: a rash of question's about the practices of CM

RE: a rash of question's about the practices of CMI agree, bigger picture -  Brazilian steel capacity is expanding -  Gerdau, Usiminas and Arcelor Mittal is forecasting demand for coking coal to reach 33 mil MT by 2020.  -  Doubling demand -  Cline is in a prefect position to upply Alantic basin.  In 2010 - Brazilian steel makers required 15.6 mil MT of coking coal and pulverized (PCI) coal. -  US Coal producers will supply at least half of that demand.  India and the Ukraine also will need increased amounts of coking coal. 

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