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

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…

Read the original article at South China Morning Post