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aus invest vs mongolia coal

  1. 1,217 Posts.
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    With the level of commitment by Aussie co's for coal transport infrastructure, from rail, wharfs / terminal / storage, etc, is quite mind-boggling.
    Billions of $$, from Nth Qld, to Newcastle. There MAY even be talk of such facilities in Vic, particularly if MNM finally take-off, with their Indian connections.

    Here's only one:
    "Billionaire Nathan Tinkler proposed building a A$2.5 billion ($2.47 billion) coal export terminal in Newcastle, Australia, to compete with one proposed by Port Waratah Coal Services Ltd...."

    Then we have our focus - Mono.
    We just need to hook up to the 'road-train' (trucking), or the rail system when in operation, to get our coal to the market giant!
    Realise Mono / China / Russia will all take a role, however am confident that the cost and speed at which the later will occur, will be a big challenge for our local miners.
    Happy to be a supporter of our over-seas venture.
    Also happy to see Aussie job prospects o'seas.

    Cheers :)
 
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