WHC 1.62% $6.91 whitehaven coal limited

An article just released in The Australian. I just uploaded the...

  1. 44 Posts.
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    An article just released in The Australian. I just uploaded the first few paragraphs. Also goes on to say North Asian countries seeking coal supply as well. The stars are really aligning for WHC shareholders.

    https://www.theaustralian.com.au/business/mining-energy/global-scramble-for-australian-coal-to-replace-russian-exports/news-story/7f2c8b0f3331e9bfbe6421c74af67934


    Australian trade officials are in discussions with local coal producers as the federal government co-ordinates efforts to find supply for Poland and Asian trading partners amid a global scramble to replace Russian resources. Officials from Austrade and the Department of Industry, Science, Energy and Resources have been in contact with coal miners this week, asking whether capacity was available to supply Polish utilities – and whether coal promised into existing contracts could be diverted to Europe temporarily due to the Ukraine crisis.The calls were made after high-level approaches by the Polish government seeking alternative sources to Russian coal used for heating and power generation.
 
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$6.91
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