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    coal investing

    Coal Port Expansion Will Not Impact Environment Substantially

    Investing News Network
    Oct. 24, 2012 08:52AM PST
    Industrial Metals

    Platts reported that planned expansion of Australia’s Abbot Point and Hay Point coal port will have little effect on the environment.

    Platts reported that planned expansion of Australia’s Abbot Point and Hay Point coal port will have little effect on the environment.

    As quoted in the market report:

    The study found that the overall environmental impact of the terminals’ expansion would be minimal and it offered a number of remedial actions in areas where the impact will be noticeable. It also said the forecast increase in shipping would pose no substantive risk to the Great Barrier Reef.

    To view the whole Platts report, click here.

     

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