News Headline Summary

Update for Walter Energy (WLT) and Alpha Natural Resources: Strength can be attributed to Westshore refinery being shut down

Analysis details (15:29)

- 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 - 15:24 - Equities - Source: Newswires

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