James Wellstead has researched and written on resource extraction since 2008. With experience in a number of different professional environments (academic, government and consultancy), he has developed a strong background in the political and economic contexts surrounding mining investment and resource extraction projects. Through his education and experience with the government of Canada, he has also developed a sharp understanding of organizational risk management and corporate planning activities. Though relatively new to the investment writing community, his six months spent at an Indonesian coal mine provided him with on-the-ground experience with mining operations. James holds a BA (Hons) in geography from the University of Western Ontario and a MA in global studies from the University of Ottawa. He has been writing for the Investing News Network’s coal and zinc sites since March 2011 and began writing about potash and phosphate in January 2012.
China is the clear “king of coal.” But as the nation’s economy stagnates, other emerging markets are gaining ground and could reshape how thermal coal prices are determined.
The Canadian government is selling a key coal transportation hub in northern BC. But the minister responsible says the potential buyer will not be a foreign state-controlled entity.
India’s coal demands are huge and still growing. Despite having massive reserves, the country does not have the infrastructure or coal quality to meet its expanding demand.
Facing labor unrest, declining Chinese demand and decreased thermal coal prices, South African coal producers are turning to Europe to pick up excess supply.
