Catering for the coal boom
The global demand for coal, particularly in Asia, shows no signs of abating and is expected to continue at least for the next few years. To cope with this record demand there is a wave of port expansion projects, both at existing terminals and new ones, and along with this is a good demand for coal handling systems.
Not only are coal volumes being shipped at high levels, so too are the prices being paid. For example in January 2007 export prices for power station coal being paid at Newcastle, the Australian port which is the world’s largest coal export terminal, were above $50 a tonne....
