TSX:TECK.A - Post by User
Post by
Golongagainon Jan 04, 2011 12:32am
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Post# 17920593
Aussie Coal and TECK
Aussie Coal and TECK
ABARES says the global appetite for coking coal should net Australia $33 billion in export earnings this financial year. China and India alone demand about a quarter of Australia's total production of coking coal.
But if Australia's coal companies cannot produce the goods, then the likes of China and India will look to countries such as Canada and Russia to meet the shortfall.
Best GOLONG