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Re: Shengli post# 69315

Friday, 01/21/2011 7:39:06 AM

Friday, January 21, 2011 7:39:06 AM

Post# of 94785
LLEN - interesting, so they have high quality Colorado coal and now doing feasibility study on a Chinese port to store it in. I guess the market will want to see coal shipping before they are convinced.

Bit I missed is that you take the high quality coal and blend it with some Chinese low quality - hence why it mentions blending in PR.

Assuming it's profitable I'm sure some coal users would like a non-Australian source of coal, esp after the flooding.

rich

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