Two nice quotes in the Stanmore quarterly activities report today:
"The International Energy Agency estimates an additional 1 billion tonnes of coal will be used in 2019 compared with today and by 2040 global coal trade will grow by 40 per cent, and it is expected Australia will capture the largest share of that growth."
GREG EVANS–EXECUTIVE DIRECTOR, COAL, MINERALS COUNCIL OF AUSTRALIA
"Australia is set to boost its dominance of the global trade in steel-making coal, as cost cutting and better margins due to a slide in the local dollar stoke a rise in production and put pressure on U.S. rivals to cut output."
SONALI PAUL–FRONT PAGE, REUTERS
Long SMR.
Two nice quotes in the Stanmore quarterly activities report...
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| SMR (ASX) Chart |