Coal Miners a Must Own HKG:1088, NYSE:YZC, ASX:GCL
Banpu, China Shenhua Energy Company Limited, HKG:1088, Yanzhou Coal Mining Co. (ADR), NYSE:YZC, Gloucester Coal Limited , ASX:GCL
Utility companies in Indonesia, China and India are building more power plants that use thermal coal to satisfy the increasing demand for power in the region, which will in turn help keep coal prices high.
President Susilo Bambang Yudhoyono announced in March that unrefined coal exports would be banned from 2014, leading to what some observers have described as the “Indonesian coal rush.”