What threat from indonesian coal, is that coking coal? In...

What threat from indonesian coal, is that coking coal? In researching Cokal, I've found some information re east kalimantan. Very little information about coal grades available that I could find.

In a perverse way, if the current consensus on no new coking coal basins is correct, which is a pretty big assumption, the QLD gov royalties are a stroke of genius. A huge limitation on any expansion of capacity through both lowering irr and increasing perceived sovereign risk, leading to higher prices for longer. Don't get me wrong, it's a pain in the arse watching money that would fall to the bottom line of companies I invest in walk out the door, but it does limit competition.