NAE expects coking coal prices to remain high

摘要

The long-term outlook for coking coal remains very robust as supply growth projections for the raw material will not sustain demand, the head of an emerging Australian coking coal producer said Monday. “Simply put, God did not make enough coking coal, unlike thermal coal where abundant reserves exist,” said Gary Fietz, managing director of New Age Exploration, which has just secured a license for a major coking coal project in the United Kingdom.