Australia's Whitehaven Coal Set for Construction

PERTH, AUSTRALIA--July 9, 2013--Researched by Industrial Info Resources (Perth, Australia)--Recent announcements show that many Australian companies are struggling with volatile commodity prices and a slowing export market. Compounding the problem are cautious investors and slowing global demand. However, Whitehaven Coal Limited (ASX:WHC) (Sydney, Australia) recently announced that after securing required funds and permits for progression, it is weeks away from early site work that will lead to major construction.