Amazed
The 100MT p/a relates to coal output Australia wide. This is for the next 50 years.
The 20MT p/a relates to coal output from LY only. This is for the next 30 years.
This basically implies that Tincom will most likely build additional plants in Australia besides the LY plant.
In other words, Tincom has shut down any other competitor from doing a jv with ESI in Australia. Even if ESI was taken over, Tincom wont be pushed out because they will have a license to produce up to 100mt P/A at a pre determined price for the next 50 years.
The big winner here is definitely Tincom.
AmazedThe 100MT p/a relates to coal output Australia wide. This...
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