Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7405350 | Energy Policy | 2013 | 9 Pages |
Abstract
⺠Past foreign investment practices sacrificed profit to create oversupply of Australian coal. ⺠Only a small amount of equity capital was required to exert influence over coal output. ⺠Foreign investors can no longer exploit information advantages to obtain favourable prices. ⺠Information advantages from partial ownership do not influence supply costs. ⺠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
Jason West,