Tag: thermal coal exports
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Australian thermal coal exports rise 17% in May on increasing demand in Asia, Europe
Australian thermal coal export shipments rose sharply by 17% m-o-m to 15.9 mnt in May, CoalMint vessel line-up data showed. Shipments to major Asian and European countries were higher as Russian sanctions and logistic constraints in South Africa prompted these countries to look for alternative supplies like Australian coal. However, a major rise in exports…