Great article in The Australian online today, saying that current pricing of coal stocks is ridiculous, even given the ESG concerns. Article states:
"ICE Newcastle coal futures are still paying $US286.75/t for December 2027. I believe that’s five years from now.What impact the Albanese government’s controversial domestic price cap could have on producers in unclear. But overseas markets, increasingly including European buyers, are likely to continue propping up large coal profits for a while to come."
Great article in The Australian online today, saying that...
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