We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Coal bubble

2 May 2011 By Christopher Swann

Arch investors seem oddly unfazed despite the company paying a premium far greater than potential synergies can justify. True, ICG offers big reserves of precious steelmaking coal. But it’s hard not to see the deal as another example of the extraordinary bullishness over coal.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)