Bloomberg has already reported Indonesia may curb exports - https://www.bloomberg.com/news/articles/2022-03-08/indonesia-s-coal-miners-are-bracing-for-new-export-curbs
SXcoal now reporting Indonesian government meeting this week with coal miners - http://www.sxcoal.com/news/4647508/enjoyinfo/en
Hunter Valley coal pits are flooded - https://www.argusmedia.com/en/news/2310240-australian-coal-export-recovery-to-take-weeks (port and rail lines unaffected).
And Europe is now chasing Australian thermal coal to reduce reliance on Russian gas. The level of FCF at WHC will be interesting this year.
Another Indonesian export ban?
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$7.95 |
Change
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Mkt cap ! $6.650B | |||
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