Coal

[mhlld]

johnlw, HLB should be able to sell all they can produce at spot. Alpha resources is building a coal import terminal in the SE US (can't remember where?), as well as another one currently being upgraded to import(can't remember who?) additional thermal coal from South America. The SE US, Florida in particular, has experienced and is still experiencing a huge building boom. Coal suppliers to this region can't keep up with demand from power plants. I spoke with the folks at NCOC a few weeks back. They can sell all the coal they can possibly produce. I would expect HLB to do the same.