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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China’s CIC to boost investment in coal sector

Posted on 16 March 2010

From Seekingalpha.com: The Coal industry has been basically ignored by investors until recently when Goldman Sachs upgraded a few premium names in the sector. Alpha Natural Resources (ANR), Arch Coal (ACI) and Consol Energy (CNX) are among the top three in that list.
In particular, the firm expects metallurgical coal prices to remain strong through 2012 as they believe “demand will largely keep pace with capacity additions, leaving spare capacity tight.”…………………………………….Full Article: Source


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