ALM 0.00% 0.6¢ alma metals limited

new rail line announced, page-2

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    "Coal will come close to surpassing oil as the world’s top energy source by 2017, the International Energy Agency said in a report in December. In that period, coal usage will increase in every region of the world except in the U.S., where the fuel is being pushed out by natural gas, it said.

    The railway line and the port in Namibia would allow the country to export as much as 40 million metric tons a year of power-station coal, about half of what South Africa exports a year, he said. Exports may climb to as much as 115 million tons in seven years, he said. Botswana currently produces 3 million tons annually of thermal coal and consumes all of it. "

    I look forward to us being a part of this!!
 
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