News Headline Summary
Update for Walter Energy (WLT) and Alpha Natural Resources: Strength can be attributed to Westshore refinery being shut down
Analysis details (20:29)
- Westshore refinery handles 30mln tonnes per year of met coal mainly for Teck Resources, neither WLT or ANR utilize Westshore and so could be called on to fill whatever supply gap may develop.
- It is worth noting that TCK feels they are well positioned to deal with the situation.
10 Dec 2012 - 20:24
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