Coal Discovery - Saturn Minerals
Coal Discovery - Saturn Minerals
Coal Discovery - Saturn Minerals
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
29! <strong>Coal</strong> Markets!<br />
<strong>Coal</strong> is fastest growing energy source worldwide since 2007, outpacing oil, natural gas!<br />
!<br />
+ 3.5 billion tonnes of global coal demand growth by 2030!<br />
!<br />
Supply side problems developing in seaborne market!<br />
!China – insufficient domestic production, net importer since 2009!<br />
!India – insufficient domestic production, wide-scale blackouts, net importer!<br />
!Australia – increase in mining royalty squeezing margins of coal producers!<br />
!Indonesia – coal quality decreasing, protectionist legislation to limit coal exports!<br />
!Columbia – rising labour tensions, wide-scale protests and production halts!<br />
!<br />
Shanghai, 1990! Shanghai, 2012!<br />
Sources: BP Statistical Review, 2011, Peabody, McCloskey, JP Morgan Cazenove Equity Research, BMO Capital Markets!
Change language