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EY: Coal selloffs to continue in 2018

Despite driving profits, miners will keep selling off coal assets in 2018, EY says.

EY: Coal selloffs to continue in 2018 EY: Coal selloffs to continue in 2018 EY: Coal selloffs to continue in 2018 EY: Coal selloffs to continue in 2018 EY: Coal selloffs to continue in 2018

The GFG Alliance agreed to buy Tahmoor in January

Miners, investment firms and traders spent US$8.5 billion on 30 coal transactions in 2017, a bigger spend than any other commodity and a massive 156% increase on 2016.