China is basically only short of coking coal and has plenty of thermal coal. The Felix Ashton mine(60%)is mostly semi-soft coking coal and may move to sell 4 mtpa in 2010.
Yanzhou would be taking a chance in buying the whole of Felix Resources and much of the production from the Moolarben Project is agreed to be sold to the Korean consortium. All coal from Moolarben is thermal.
Felix's other two mines: Minerva is all thermal coal and Yarrabee mainly PCI coal and thermal.
Other developments at Athena and Wilpeena would be mainly thermal coal.
Felix could be interested in selling part of their 60% interest in the Ashton, Hunter Valley mine.
yanzhou may only want the ashton mine
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