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Stanmore Resources Target Price Raised 4.2% to A$5.00/Share by Ord Minnett>SMR.AU
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Coal Generates Less Than 50% Of Australian Electricity For First Time
Stanmore Inks Deal With Anglo American and Exxaro to Explore and Mine Area Close to Isaac South Project
A historic moment for Australia! Coal-fired power generation scale has fallen below 50% for the first time.
As of Monday, the rolling average of coal-fired power generation in Australia was below 50%, partly due to severe weather affecting the southeastern part of the country, which has stimulated a significant increase in wind power generation.
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