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Australia becomes China’s top source of coking coal as stimulus stokes construction boom

Summary:
[unable to retrieve full-text content]Australia became the largest exporter of coking coal to China in the first half of the year due to a strong rebound in steel production used to supply the country’s post-Coronavirus infrastructure and property building boom.Pandemic restrictions during the spring held back shipments from Mongolia, previously China’s top source of the commodity.In addition, China imported more thermal coal – used in power plants to generate electricity – despite rumours that Chinese companies had been told not…

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[unable to retrieve full-text content]
Australia became the largest exporter of coking coal to China in the first half of the year due to a strong rebound in steel production used to supply the country’s post-Coronavirus infrastructure and property building boom.Pandemic restrictions during the spring held back shipments from Mongolia, previously China’s top source of the commodity.In addition, China imported more thermal coal – used in power plants to generate electricity – despite rumours that Chinese companies had been told not…

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