coal exports

An interesting story in todays Courier Mail about the growth in coal exports from Queensland.

http://www.couriermail.com.au/business/pressure-on-queenslands-ports-to-meet-growing-demand/story-e6freqmx-1225893638553

It highlights the huge demand for good quality Australian coal. Our export facilities, from the rail systems to the shiploaders just cannot keep up. Nor can they be expanded quickly enough.

The story is Queensland based, but it's the same story at all our other major coal export terminals.

And all this coal is selling for over $1-200 per tonne, depending on quality. Coldry will be around half this price, for better quality - and there is absolutely no doubt at all that there will be a huge market for every tonne that can be made. No wonder TinCom are so keen to progress it.

It may seem quiet in the ASX announcement department, but don't despair people - it's all being fast tracked in the background, you can be sure of that.