"China is going through the greatest growth in coal consumption in history. It recently almost doubled the projected increase in coal usage. In 2002, Chinese coal consumption was 1.4 billion tonnes. It has long been Beijing's policy that this would reach four billion tonnes a year by 2015 before flattening out. However, in a speech strangely ignored by the ALP, China's Wu Yin, of the National Energy Administration, said in May that his country's coal consumption would grow to 7.5 billion tonnes by 2030
yet eer sits at 10c with no friends?
EER Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held