King coal still Reins,Large Artical in week end Australia. China building Asia's largest coalfired power station,producing 8gw power. Britain used more coal for power in febuary than in any month sice 2009,and the least gas of Any month for 14 years. Germany building 11 new coal burning plants. During the past decade,almost 50% of new global electricity demand was met by coal.India have plans to rapidly increase construction of coal fired power plants.Fear in Japan have seen all but one of 54 reactors shut down. So the little bit of money I have in coal,will be staying there. For full report Weekend Australian 28-29
KRL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
