HomeOtherAustralian coal miners who lost the Chinese market are still reaping huge...

Australian coal miners who lost the Chinese market are still reaping huge profits


Nick Falz, William Langley Sydney, Hong Kong

Australian miner Whitehaven Coal said China’s easing of an unofficial ban on Australian coal imports helped push the price of the commodity to a fresh six-month high.

Several Australian miners are expected to benefit from the thaw in Australia-China relations as Chinese President Xi Jinping ends the country’s pandemic-era border restrictions.

Whitehaven said that Beijing’s recent announcement to “lift the restrictions and blockades related to the new crown epidemic prevention in China, and to lift the import restrictions on Australian coal, stimulate coking coal…

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