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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (25233)	3/9/2005 8:58:35 PM
From: RealMuLan	Respond to of 116555

>>On another experimental front, China is spending more than $3 billion on a coal-liquefaction plant in Inner Mongolia. The Shenhua Group, China's largest coal producer, has partnered with a U.S. technology provider to convert coal into petroleum products. << This is only the first one. There is another one also under the construction, using S. African technology, which is cheaper. And for the one using the US technology, the breakeven point in China will be $25 ($32 is in the US). Message 21013272