There is brief mention of the small Stratford mine (connected by a siding to the Maitland to Brisbane main rail line) ceasing - I assume soon - and the planned renewables hub but I agree, YAL should stick to its knitting of producing the black gold.
The 'energy transition' worldwide is a joke when mainland China and India (and others) continue to build new coal-fired power stations. They're completely rational in wanting 24/7 reliable, affordable electricity for their citizens and industry. It will be decades before coal no longer has a role, if indeed that scenario ever comes to pass.
Meanwhile in Oz we have mad Labor/Greens socialist governments attacking coal and even natural gas and refusing to agree to (in the medium term) nuclear small scale plants.
There is brief mention of the small Stratford mine (connected by...
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Last
$5.88 |
Change
0.010(0.17%) |
Mkt cap ! $7.764B | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$5.91 |
Change
0.010 ( 0.59 %) |
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 16/05/2024 ? | |||||
| YAL (ASX) Chart |