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China paying through the nose to snub Aussie coal

Brad Thompson
Brad ThompsonReporter
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China is paying through the nose for coal from North America while it rejects or defers shipments from Australia.

The high-priced coal buying was revealed in an update from Toronto Stock Exchange-listed Teck Resources, which said it had boosted sales into China and achieved a huge premium on Australian product.

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Brad Thompson was a reporter at The Australian Financial Review
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    Original URL: https://www.afr.com/companies/mining/china-paying-through-the-nose-to-snub-aussie-coal-20201125-p56hp2