YAL yancoal australia limited

Ann: 2022 Interim Report, page-3

  1. 5,625 Posts.
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    I love this bit

    Yancoal actively considers the effect that its supply level can have on specific coal markets and responds appropriately toprevailing market conditions. To counter the anticipated short-term volatility in thermal coal price indices, we continue tooptimise the product quality and volume we place into the market and actively seek to expand our customer base and salesto new markets.It is of the world seaborne thermal coal supply market, of 21.4% in 2022, willincrease to approximately 28.5% by 2050, and it will continue to play a critical role as a primary source of premium gradecoals.

    Higher for longer IMO. Thee world has no other short term options, unless going cold is an option.
    Last edited by 87 Crash: 20/09/22
 
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