Article ID Journal Published Year Pages File Type
7405350 Energy Policy 2013 9 Pages PDF
Abstract
► Past foreign investment practices sacrificed profit to create oversupply of Australian coal. ► Only a small amount of equity capital was required to exert influence over coal output. ► Foreign investors can no longer exploit information advantages to obtain favourable prices. ► Information advantages from partial ownership do not influence supply costs. ► Foreign investors in Australian mining now achieve similar profits to domestic firms.
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
Authors
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