StockGuru Blog: KAL Energy Inc. Coal Mining in Indonesia Logistically Located for China Delivery
KAL Energy Inc. (OTCBB: KALG) Stock Guru Profile KAL Energy’s coal mining operation in Indonesia is strategically located in proximity to China where 600 coal fired electricity stations are anticipated to be built in the next two decades. China’s two largest coal producers are China Shenhua Energy Co. and Coal Energy is the country’s second-largest listed coal producer. While China is the world’s biggest coal producer it is also the world’s biggest coal consumer, with the resource accounting for about two-thirds of its total primary energy consumption. Analysts say they expect China will remain a net importer of coal for…