NWR’s Beck Sees Demand for Coal Rising on Asia, Cuts in Nuclear

New World Resources Plc (NWR) sees growth in emerging markets including in Asia and Germany’s decision to shut its nuclear power stations by 2022 maintaining demand for coal, said Klaus-Dieter Beck, head of mining unit OKD.

“The demand for coal just keeps growing thanks to countries like China,” Beck said today after speaking to reporters in Prague. “Even in Europe it will grow because of Germany’s decision to step away from nuclear energy.”

To contact the reporter on this story: Ladka Bauerova at lbauerova@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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