Oz Blog News Commentary

World enters new coal golden age

September 23, 2022 - 11:30 -- Admin

According to markets, coal is in a new super-cycle with prices far above anything ever seen before. The pre-GFC blowoff was $150. Now look at futures forever: Prices never budge below $300 per tonne. This is FAR above the entire global cost curve. Indeed, it is so far above it that markets are incentivising a

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