Mongolia expects record-high coking coal exports to China in CY’24, buoyed by enhanced transport links and competitive pricing. Targeting 100 mnt of exports, Mongolia benefits from cross-border and expanded road infrastructure. Lower costs of Mongolian coal create expectations of increased imports over Australian coal. China’s 2023 imports of Mongolian coking coal doubled to 54 mnt from 25.6 mnt in CY’22, ass per Chinese customs.
