Australian Coal Mining Giant Benefits from Alternative Markets After China Sanctions

Australian Coal Mining Giant Benefits from Alternative Markets After China Sanctions
Bulk coal scoop conveyors and coal stockpiles at the Port of Newcastle in New South Wales, Australia. Harlz/Adobe Stock
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Beijing banned the import of Australian coal in October last year; in a move largely seen as another retaliatory measure related to Canberra’s earlier call for an independent investigation into the origins of COVID-19.

The sanctions drew concerns in Australia about economic suffering, but recent data released by Glencore, the country’s largest coal producer, shows how Beijing’s ban failed as Australian coal exports found markets elsewhere.

Kathleen Li
Kathleen Li
Author
Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
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