Flynn sees a wave of new demand for Australia's quality coal
Whitehaven Coal CEO Paul Flynn has urged Australia to seize the opportunity presented by the build out of new coal-fired power stations across Asia, according to the Australian Financial Review.
Flynn said it made no sense to ignore the boom in demand for high-quality coal as Asian nations invested in so-called high-efficiency, low-emission technology power stations.
He pointed to International Energy Agency forecasts which show thermal coal demand in south-east Asia increasing from 187 million tonnes to 452Mt by 2040.
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