"Death of Coal" is at best half right because Coking Coal has a rosy future.
Not alone is China still consuming copious quantities of coking coal for its domestic
purposes, its new "Silk Road" rail & road project will consume iron rebar & steel for at least
a decade Just have a look at its inland China-Kazakstan inland port- the biggest in the world.
(I'll post a link next post)
This rail system will reduce container transport time from 54 days (by sea) to 16 days (by rail)
Add to this a parallel highway and the associated infrastructure and there you have it.
