Tag Archives: Thai Coal

At the price of A$1.8 per share, it offers a 30 per cent premium over the closing price as of...

Coal traders Asia Green Energy and Unique Mining Services will likely escape hardships from the court order to stop coal transportation in Samut Sakhon due to their spare storage space but sentiment towards their stock prices could soften, according to brokerages.

Thailand's largest coal miner, Banpu, is confident of strong demand from Japan in the next few years as the country will either have to increase the capacities of existing power plants or build new ones to make up for the shutdown of the disaster hit Fukushima nuclear plant.

Banpu will continue to look for new acquisition targets after the takeover of a coal mine in Mongolia, but the value of any deals will be lower than those sealed to date.