Why Stocks Down Under is fired up about ASX coal stocks!
September 3, 2021
BHP, WHC, Whitehaven, Whitehaven Coal
Why we are fired up about these ASX coal stocks
While coal is the enemy of the net-zero-ESG crowd, Stuart Roberts from Stocks Down Under sees ample profitable opportunities in this space. Stuart runs through why coal prices are soaring – including relentless demand from China – and how BHP and Whitehaven (ASX:WHC) are the obvious beneficiaries.
There is the perception that there is no new investment in coal, but mines in Queensland have expansion plans despite prickly political pressure. Is this pop demand in coal a flash in the pan? Nope, could be another two decades or so before coal demand peaks out. So, in the meantime ASX coal stocks could fire up your protfolio!
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