Rio Tinto's "Great Wall": Will It Block BHP? [View article]
Politics aside (I can really care less about some of the previous comments under brainwashed bias), I see investment opportunities instead, from these news. Rio Tinto is interesting. But the fact Aussie's having the coking coal shortage (due to recent rain, port problems, etc.), together with the depressed dollar, makes some of the US coal producer stocks VERY interesting. Best fit probably Alpha Natual Resources (ANR) which is in the best position to profit with its met coal reserves and operations. Met coal contract at Japanese steel makers recently increased to 3X its previous contract prices..
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Politics aside (I can really care less about some of the previous comments under brainwashed bias), I see investment opportunities instead, from these news. Rio Tinto is interesting. But the fact Aussie's having the coking coal shortage (due to recent rain, port problems, etc.), together with the depressed dollar, makes some of the US coal producer stocks VERY interesting. Best fit probably Alpha Natual Resources (ANR) which is in the best position to profit with its met coal reserves and operations. Met coal contract at Japanese steel makers recently increased to 3X its previous contract prices..
Apr 16 03:04 am
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