WHC 1.18% $7.52 whitehaven coal limited

Great interview with...

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    Great interview with Ivan

    https://www.washingtonpost.com/business/energy/far-from-dying-the-coal-industry-is-actually-booming/2022/01/28/7fb02ff0-8019-11ec-8cc8-b696564ba796_story.html?fbclid=IwAR2vKHLHGWvBL5p68QlxNh9fEgOkMbuRkZAqerUYiNeB5S1Xiii0vhh55Ec

    "Look at Glencore, the world’s largest exporter of seaborne thermal coal. Its shares have risen to a 10-year high as investors anticipate a cash bonanza. For them, it’s an ideal world: Demand is rising, while supply is constrained because institutional investors, led by BlackRock Inc., have convinced nearly every miner to stop opening new pits. The arrangement is so good that from the outside it almost looks like a cartel."

    "The U.K. on Monday burnt the most coal in nearly a year to help keep the lights on."

 
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