Steel furnaces chew a little electricity so thermal coal is just as important to China. Yal also owns 50% of middlemount one of the best coke coal mines around but had a major shutdown year prior though. Anyone remember buying MCC from $2 up to $16 before peabody snaked it? Peabody own the other half but are close to chapter 11 in USA. I'm sure China would love to scoop this in a fire sale but I wonder if the government would allow? QLD gov just bought 10% of darlymple back so there is at least long term support for coal no matter what the guardian or ABC news says.
Anyone reckon iron / coal will spike or fall as America and northern hemisphere goes into covid lockdown again plus winter?
Steel furnaces chew a little electricity so thermal coal is just...
Add YAL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.50 |
Change
-0.040(0.72%) |
Mkt cap ! $7.354B | |||
| Open | High | Low | Value | Volume |
| $5.55 | $5.59 | $5.50 | $2.932M | 528.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 70266 | $5.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.52 | 9460 | 12 |
View Market Depth
| Last trade - 12.22pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$5.52 |
Change
-0.040 ( 0.35 %) |
||||
| Open | High | Low | Volume | ||
| $5.54 | $5.58 | $5.50 | 85679 | ||
| Last updated 12.39pm 26/04/2024 ? | |||||
| YAL (ASX) Chart |