Vitrinite was featured in an Australian Mining Review article this week .
The article titled, “‘Fresh Prospects’: As Bowen Basin coal producers enjoy their biggest profits in years, players are gearing up for the next generation of projects to feed a growing global appetite for high quality thermal and metallurgical coal.
In the Black
Bowen Basin locals may be quick to talk down another coal boom, but there is no question confidence is returning to the region. An upturn in coal prices is boosting new exploration and development, M&A activity, mine expansions, and prompting companies to reopen shuttered operations. Mr Williams, who spearheaded an exploration campaign during the downturn in the coal market, said “people thought he was crazy”at the time, however “the waning interest in the coal sector generally created a spectacular opportunity”.
To read the full article, follow the link below: