China produce over 4 billion tonnes of coal per year and have over 1000 coal plants - they have over 3,000 underground mines - many family run mines with an appalling safety record, however new mines are mechanised with long wall equipement
Even with this production they still had blackouts last year so they need to supplement what they have - Indonesia and Russia make up 70% of their imports but at poor quality and they are having major smog problems
- Australian coal helps alleviate this and imported coal is cheaper than their domestic mines however China appears to be more interested in politics than common sense
Target $18.72, page-3461
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Last
$8.32 |
Change
-0.110(1.30%) |
Mkt cap ! $6.960B | |||
| Open | High | Low | Value | Volume |
| $8.40 | $8.57 | $8.21 | $70.24M | 8.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23024 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.33 | 13633 | 2 |
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| WHC (ASX) Chart |