thermal coal

Mark Gordon

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

Gavin Wendt

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