On top of that, a 'thank you' to the Federal Coalition Government's Resources Minister Keith Pitt for stating that the UN's wish won't be happening."Resources Minister Keith Pitt has rejected a request from the UN for Australia to exit the coal sector by 2030.
Mr Pitt said coal was keeping the lights on in Australia and “a number of other countries in the world”.
“Fortunately, the UN don’t run the country of Australia. Australia is governed by the government of the day, elected by the Australian people,” Mr Pitt said.
“We remain committed to the resources sector. Coal demand is increasing and prices are up. That is good for jobs and good for our economy.
“They (the UN) might want to talk to China, the US, India and others. Even the EU, almost 70 per cent of their energy demand is met by coal, oil or gas.
“They are barking up the wrong tree.”.."
New Hope Price Target Raised 23% to A$2.40/Share, page-171
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Last
$3.72 |
Change
-0.020(0.53%) |
Mkt cap ! $3.144B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.79 | $3.71 | $9.411M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 20000 | 1 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |