This is from a very interesting Judith Sloan opinion piece also in 'The Oz' this morning.
Germany isn't much discussed in Oz but for a European nation, it has a substantial population and is an economic powerhouse.
Coal would have to travel many thousands of kilometres/nautical miles if supplied from Oz, but is it possible that it's a newish destination for NHC's products despite Russia and other sources being closer?
"...Germany was once the poster child of the transition away from fossil fuels but is facing serious energy problems in relation to supply and price. Having made the fateful decision to close all its nuclear plants, a process that will be completed in the next few years,
Germany is highly reliant on natural gas sourced from Russia. And in the first six months of this year, coal produced more electricity in Germany than wind..".
NHC Price at posting:
$2.44 Sentiment: Hold Disclosure: Held
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