Thursday, December 30, 2010

For any of my readers that work at the Coal Mines

Interesting situation in Australia right now, certainly would expect for the next while that the demand for canadian coal will be greater than ever:

http://www.heraldsun.com.au/ipad-application/flooding-paralyses-coal-industry/story-fn6bfmgc-1225978976039

Teck anticipates to ship at least 25 million tonnes next year, at a price increase of 20% that would be $45 per tonne or $1.125 billion. WOW

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