A snippet from 'The Mining Journal' from May 2022 on servicing Chinas steel sector:
Coal is a commodity that garners scant public support at the moment, and with dwindling funding so exploration for the crucial ingredient of steel production has declined in recent years.
Steel remains in high demand, however, and the pipeline of premium metallurgical (coking) coal deposits to service this sector has almost disappeared.
No-where is this looming shortfall in the delivery of coking coal more apparent than the steel-producing center's of east Asia, and in particular China, Japan and South Korea.
Fortunately a near neighbour, Mongolia, has plentiful supplies of coking coal, and the country is expected to become a key global supplier. Step forward Aspire Mining Ltd.
Indicators are all good so lets all hope.
A snippet from 'The Mining Journal' from May 2022 on servicing...
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| Open | High | Low | Value | Volume |
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| Last trade - 15.14pm 26/04/2024 (20 minute delay) ? |
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Change
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| Last updated 15.14pm 26/04/2024 ? | |||||
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