The extraordinary coal price rally of 2016 may have peaked after China moved to further loosen production limits on its domestic miners in recent days.
Prices for thermal and coking coal have surged this year on the back of a Chinese policy that limits Chinese coalminers to working just 276 days per year.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com