A coal tycoon is making billions in a world aiming to go green - Sydney Morning Herald

Coal producers have been on a tear recently and it has paid off handsomely for an Indonesian tycoon who is now one of the wealthiest people in the industry.

Before the pandemic began, Low Tuck Kwong tried - and failed - to sell a stake in his Indonesian mining company. Unable to find the right buyer, he decided to double down, adding shares instead of pa… [+2374 chars]

full article...