Strong investor interest has continued in the junior and mid-cap resources stocks through 2017. Despite a relatively flat first half of the year, the second half has seen a 20-30% increase in the relevant ASX indices on the back of steadily improving metals prices, particularly in the base and battery... Show More
Thermal coal prices have surged past $100 per tonne for the first time since 2012, with Newcastle spot cargo prices up almost 100% this year alone. The big question is how long will the rally last? The reality is that a retreat is inevitable. Rising prices are encouraging Chinese miners... Show More
Macquarie estimates that by 2025, India’s energy demand will rise 71%, with coal taking the lead among oil, gas, hydro, nuclear and others. India is already the second-largest importer of thermal coal, and it might surpass China in the coming years. Macquarie analysts write “Although all energy use will rise... Show More
The worst performers in the commodity space remain aluminium and thermal coal, which both hit a post-2010 low during January. Given abundant supply and weak demand, there is no sign of relief on the horizon. Show More