LNG isn’t everything, there’s still a role for coal
NewsLiquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.
Vale Moçambique improvement
StandardVale Moçambique has recorded another loss, this time of US$105M for 2016, although this is much better than the US$508M loss recorded in 2015. The improvement appears to be partly the result of higher coal prices, with turnover up by US$140M, while expenditure fell by US$344M.
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