• 3 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 19 minutes Saudis Threaten Retaliation If Sanctions are Imposed
  • 56 mins WTI @ $75.75, headed for $64 - 67
  • 57 mins EU to Splash Billions on Battery Factories
  • 3 hours US top CEO's are spending their own money on the midterm elections
  • 22 mins The Dirt on Clean Electric Cars
  • 11 hours Petrol versus EV
  • 5 hours OPEC Is Struggling To Deliver On Increased Output Pledge
  • 11 mins Satellite Moons to Replace Streetlamps?!
  • 3 hours The Balkans Are Coming Apart at the Seams Again
  • 8 hours 10 Incredible Facts about U.S. LNG
  • 53 mins Uber IPO Proposals Value Company at $120 Billion
  • 16 hours E-mopeds
  • 3 hours A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 7 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 1 day These are the world’s most competitive economies: US No. 1
Alt Text

The One Nation Returning To Coal

Despite a global push away…

Alt Text

The Death Of Europe’s Coal Industry

A recent report suggests that…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

A Billion-Ton Coal Miner You’ve Never Heard Of

One thing I’ve noticed in the resource business: big never goes out of style.

If there’s a large in-ground resource, someone will always be eying a way to exploit it. It’s the reason the Canadian oil sands got developed. Same with U.S. shale gas. It’s also why the massive oceanic reserves of methane hydrates will see huge investments. Even tough nuts like oil shale attracted 20 years of spending from Shell in an attempt to unlock the billions of barrels they hold.

It’s not easy today to find any such large resources in the energy space that aren’t being crawled over by legions of would-be developers.

Unless you go to South Africa.

The country’s Waterberg region in northeastern Limpopo province may hold one of the last untapped energy bounties on the planet—massive, undeveloped coal fields containing billions of tonnes of resource.

But Waterberg may not stay a secret for long. The coal development rush is now starting here. Potentially unleashing a massive new source of thermal coal supply, perfectly-positioned in one of the best markets on the planet. And perhaps meaning billions in profits for the few companies making the first moves here—one in particularly that I think we’re going to be hearing a lot about as this play develops.

This Is Where You Need to Be

Part of the reason I believe Limpopo coal is going to be such a big story is its proximity to the Indian Ocean.…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News