FYI: According to this article, the Chinese Government has imposed a new tax on coal to fund the purchase of safety equipment. The Australian mining equipment company (manufacturer of directional drilling and gas-draining equipment) featured in the article has already received $102 million dollars of orders since July 2008 from Chinese coal mining companies...just goes to show how fast orders can come from Chinese coal mining companies once they are convinced you have the goods. Looking forward to ACT making progress on the Chinese front in the coming years. However, first things first...US coal mining companies have to start sending us some sizeable PO's...and how about a few surprise orders from various surface mines or a PO from an underground hard rock mine? GLTA

Relevant excerpts from the article:

"The Chinese Government’s new tax on coal to fund the purchase of safety equipment shows their determination to improve standards. Industrea is very proud to be able to make a key contribution, given the rapid growth of the Chinese underground coal industry and the safety threat posed by methane gas.”

"Industrea has now won over $102 million of new export contracts since July 2008, and our order book is rapidly growing for the 2010 fiscal year,” Levison says.

Source: http://www.qbr.com.au/news/articleid...