"For decades there has been talk of a Mongolian resources boom. Yet that is all it has been: just talk. Now talk has finally turned to action. King's local client, the listed Energy Resources LLC, is selling high-quality coking coal to the neighbouring Chinese at $US60 per tonne compared to Australian miners BHP Billiton and Rio Tinto, who are charging more than double the price."
HUN Price at posting:
98.0¢ Sentiment: Hold Disclosure: Held