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  •  China first (2+ / 0-)
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    PatriciaVa, cotterperson
    China at least will have the lights on and energy to run the pumps.

    http://www.theage.com.au/...

    The project, known as "China First", will mine 1.4 billion tonnes of coal in the Galilee Basin, southwest of Mackay in central Queensland.

    http://www.themoscowtimes.com/...

    Chinese Buy First Russian Coal Deposit for $90M
    04 May 2011
    Bloomberg

    Winsway Coking Coal Holdings, a Chinese importer of Mongolian coal listed in Hong Kong, said its holding company agreed to buy a Russian deposit for $90 million.

    The holding company aims to buy 60 percent of the Apsatskoye steelmaking coal deposit in East Siberia's Zabaikalsky region, about 1,000 kilometers from a rail link between Russia and China, Winsway said in a statement Tuesday. The deposit has an estimated 675 million metric tons of resources, it said.

    "Drop the name-calling." Meteor Blades 2/4/11

    by indycam on Fri May 13, 2011 at 10:14:17 AM PDT

    [ Parent ]

    •  ... (0+ / 0-)
      China is ready to spend as much as $6 billion to double coal purchases from Russia to more than 20 million tons a year by 2016,

      "Drop the name-calling." Meteor Blades 2/4/11

      by indycam on Fri May 13, 2011 at 10:36:19 AM PDT

      [ Parent ]

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