China spat good for Aussie coal miners: IEEFA

AUSTRALIA’s listed coal mining companies have seen their shareprices soar in December despite the trade spat with China which has resulted in a ban on Australian coal exports.

sponsored-logo
China spat good for Aussie coal miners: IEEFA China spat good for Aussie coal miners: IEEFA China spat good for Aussie coal miners: IEEFA China spat good for Aussie coal miners: IEEFA China spat good for Aussie coal miners: IEEFA

Even as total volume of Australian coal exports have dropped values have surged.

Institute for Energy Economics and Financial Analysis analyst Tim Buckley said there are no coal ships destined for China being loaded in Australia now but this on its own is not going to be a major