'Met Coal Is Still Our Favorite Commodity'

The video discusses the recovery of the coal market, driven by Chinese demand and government policies. Metallurgical coal prices have fluctuated, but are expected to remain strong. Tech Resources is highlighted as a key player in North America, benefiting from these trends. The impact of Canada's carbon tax is minimal on metallurgical coal exporters like Tech. In the US, potential regulatory changes under the Trump administration could favor the coal sector, reversing policies from the Obama era.

What was one of the major surprises in the coal market last year?

• Buoyant Chinese demand

• Increased demand from Europe

• Rise in renewable energy sources

• Decline in global coal prices

How did the Chinese government influence coal production in 2016?

• By investing in new coal mines

• By banning coal exports

• By reducing the number of working days

• By increasing coal imports

Which company is highlighted as benefiting from the trends in the coal market?

• Tech Resources

• Anglo American

• Rio Tinto

• BHP Billiton

What percentage of Tech Resources' EBIT comes from metallurgical coal?

• 30%

• 70%

• 50%

• 60%

How does the carbon tax in Canada affect Tech Resources?

• It provides tax credits for clean energy

• It forces them to reduce production

• It has no effect as they export all their coal

• It significantly increases their costs

What is the expected impact of the Trump administration on the Clean Power Plan?

• It will be expanded to include more states

• It will be strengthened

• It will remain unchanged

• It will be overturned

What could potentially remain in place if gas prices cooperate, according to the discussion on US regulations?

• Increased coal imports

• 150 million tons of potential coal burn

• Higher coal taxes

• Stricter environmental regulations