(EnergyAsia, June 22 2012, Friday) — Australia’s coal industry is taking a well-deserved break after years of rapid expansion as it surveys a host of uncertainties brought on by the global economic outlook, rising construction and production costs, and environmental opposition.Analysts at Bank of America Merrill Lynch (BofAML) recently issued a report citing weak demand…
AUSTRALIA: Coal sector hit by rising cost, slowing demand, environmental concerns
Posted on June 22, 2012 by EnergyAsia