This Brand-New Energy Heavyweight Says Coal Is A Buy
As I've been discussing recently, there have been signs of life for the coal market the last few weeks.
And this week, the world's most hated commodity got another big vote of confidence -- from one of the newest major players in global energy markets.
That's Japan's Jera Co. A joint venture created last year between Japan's two largest power companies, Tokyo Electric Power Co. Holdings Inc. and Chubu Electric Power Co.
And on Tuesday, Jera said it's buying into coal -- in a big way.