StockGuru Blog: KAL Energy Inc. Coal Mining; Indonesia Will Continue to Dominate the Asian Coal Market until 2020
KAL Energy Inc. (OTCBB: KALG) Stock Guru ProfileKAL Energy, Inc.’s presence in Indonesia is a guarantor of continued demand. Indonesia will likely continue to dominate the Asian coal market at least until 2020. In a report issued at an Asian coal conference held Tuesday in Jakarta, British-based trade publisher and consultant to the international coal business, McCloskey said that with its massive coal reserves, Indonesia would be the only coal producer that could fulfill the expected surge in future coal demand in the region. McCloskey director of finance and consultancy services Colin Gubbins said that coal demand in Asia would…