Coal: Why the market's most hated trade keeps winning
Despite aggressive divestment policies, coal still accounts for up to 50% of electricity across major global economies. As tightening gas supplies trigger widespread gas-to-coal switching, the widening price gap between LNG and thermal coal could signal another strong run for the sector if geopolitical tensions remain high.
Today's watchlist: New Hope, Yancoal, Santos
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The skinny
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