I found this little article this morning. I thought I would share. This is regarding China and the need for coal to sustain life.
Coal exports remain strong While the force majeure has stalled some sectors of the mining industry, coal seems to be trading as normal. Prophets resource analyst David Lennox said Australia's coal industry was under no immediate threat."They can't actually force majeure contracts because they do need to have the coal to actually feed to the power stations," he said."Without the coal there's no generation of electricity out of those coal-fired power stations and the country would come to a complete stop.".
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I found this little article this morning. I thought I would...
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