Might spark more interest for importing coal!Picked this article...

Might spark more interest for importing coal!

Picked this article up, whilst checking on an old favourite of mine ~ Rare Earths.

""BEIJING, Oct 10 (Reuters) - China will extend a regional resource tax on domestic sales of crude oil and natural gas to the whole country and widen it to include coking coal and rare earths from November 1, the government said on Monday.

The move, billed as a way of conserving resources and limiting environmental damage, .... ""

Full details :
http://www.reuters.com/article/2011/10/10/china-resources-tax-idUSL3E7LA1MK20111010?feedType=RSS&feedName=basicMaterialsSector&rpc=43


Interest in neighbouring MONO is looking even more positive, for the Coking Coal needs of China.
Noted there is no mention of Thermal, so assume happy to keep on mining the poorer cousin?

Also realise this may be one of the last forum contributions under the CEO banner! DRG tomorrow if all goes to plan.

Cheers :)