South32 Ltd (SOUHY)

[DocLevi]

Looking so-so here, CNBC just said blah, blah (somebody) said Aluminum will remain over supplied for a couple of years. Don't know what's going to happen to coal production in states as environmental groups suing over climate change (most ridiculous thing I've ever heard that a company has to defend itself over hearsay, that's something law makers decide not company's livelihood)... ARG!

http://newstalkkgvo.com/u-s-wont-fight-judge-who-wants-new-look-at-montana-coal-mine/ The U.S. Interior Department says it won’t fight a judge’s recommendation for the agency to take a new look at the environmental effects of burning fuel from Montana’s largest coal mine.

But government attorneys said the work will take longer than the six months proposed by U.S. Magistrate Judge Carolyn Ostby.

They want eight months to do the work, in a case where environmentalists sued citing climate change and other impacts from coal mining.

Spring Creek owner Cloud Peak Energy filed objections on Friday to Ostby’s recommendations and warned of sweeping layoffs if mining halts.

Ostby said in October that officials improperly approved a 117-million ton expansion of the Spring Creek Mine near the Montana-Wyoming border in 2012.

That’s in line with prior court rulings affecting two mines in Colorado.

Nuts! Oh but wait, "What the what?" A year ago... http://missoulian.com/news/state-and-regional/wyoming-coal-tougher-sell-with-u-s--china-climate/article_1d68fbad-9847-57b1-8b49-fc5de5fb5886.html

CASPER, Wyo. — Wyoming coal exports will likely suffer as a result of an agreement by the United States and China to cut carbon dioxide emissions, analysts said Wednesday.

The surprise announcement Tuesday by President Barack Obama and his Chinese counterpart, Xi Jinping, commits the world’s two largest carbon emitters to greening their respective power sectors.

The United States would reduce its carbon emissions 26 to 28 percent below 2005 levels by 2025. China would commit to capping its CO2 emissions around 2030 and generating 20 percent of its electricity from low-carbon sources....

So their new manmade island could be a Limited Country Partnership and process Australian Coal into energy chips (as the US preprocess coal before burning...sort of) in the LCP Island cooker letting off emissions via that limited liability country ... lol