StockGuru Blog: KAL Energy Inc. – China will Continue to Have Coal Needs
KAL Energy Inc. (OTCBB: KALG) Stock Guru Profile KAL Energy is located in Indonesia and sales to China will be an important focus for KAL. China’s demand for coal will continue to grow and China is investing in CO2 emission controls which will sustain the coal market. China has launched a next-generation 1,000-megawatt electricity plant located near the city of Wenzhou, in bustling, coastal Zhejiang Province. The $2.3 billion plant, which abuts the East China Sea, employs energy-saving “clean coal” technology. Its boilers can heat steam to 600 degrees Celsius–well beyond the “critical” boiling point–the plant requires 17 percent less…