Asia Pacific > Miners want coal to make steel, money men think otherwise -report

Miners want coal to make steel, money men think otherwise -report

Published 12:57 on July 19, 2024  /  Last updated at 12:02 on July 22, 2024  / Helen Clark /  Asia Pacific, Australia, International

Investors believe steel can be made cleanly and are willing to spend on it, whilst also being increasingly sceptical about the long-term financial viability of the metallurgical coal used to make the vast majority of steel, an Australian activist investor group said Friday in a report based on a survey of 500 respondents from 34 nations with cumulative billions of dollars under management.
Investors believe steel can be made cleanly and are willing to spend on it, whilst also being increasingly sceptical about the long-term financial viability of the metallurgical coal used to make the vast majority of steel, an Australian activist investor group said Friday in a report based on a survey of 500 respondents from 34 nations with cumulative billions of dollars under management.


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