MARKETS SPECTATOR: Asia's coal craving

Cougar Energy's chief executive expects Asian firms to seek to partner with Australian coal companies in order to secure supply for their industries.

China, India, Japan and South Korea will continue their healthy appetite for Australian metallurgical coal for power generation and steelmaking, propping up the price of such coal at $US150 a tonne for the next five years, says Cougar Energy chief executive Rob Neill.

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