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Article: China: Three Coal Investments and a Sector on Fire.
- Article from:
- TendersInfo
- Article date:
- September 2, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kusumv03
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It s no big surprise that oil is again making a run for triple digits; it s the other black gold that could yet steal the spotlight for resource investors. Not only was China taken by surprise by this renewed surge for coal demand, the whole region including Japan and Australia seems to have been caught unawares. Coal recently was shipped to China from the US, the first such transaction in five years. Add to this Mongolia s recent changes to mining law, and you have a cocktail for excellent investing ...
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... ... of Suzlon Energy Ltd, to invest USD 2 billion to develop wind power farms in China. Arcapita and Colossus Holdings ... Arcapita's first investment in China. Suzlon will increase its installed capacity in China to 1,000 mW from 600 mW, Tulsi ...
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