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Sunday, November 22nd, 2009

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How Coal Shortages in China Will Spark More Foreign Takeovers of U.S. Assets

Jul 21st, 2008 | By Jason Simpkins | Category: Financial News, Oil Investment & Alternative Energy

The recent buyout of Alpha Natural Resources Inc. (ANR) by Cleveland Cliffs Inc. (CLF) could ignite more than $50 billion worth of M&A deals in the U.S. coal industry over the next few years as Mainland China rushes to solve a major energy shortfall.

Tags: AA, ACH, ANR, BHP, BNPQY, BTU, CLF, ICO, Jason Simpkins, RTP, US dollar
Posted in Financial News, Oil Investment & Alternative Energy | No Comments »

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