Australia - Latest news GMK Center

In five months, the country exported 59 million tonnes of coking coal

Market trends were altered by a fatal accident at a mine in the Chinese province of Shanxi

The state budget provides for funding of $228.5 million for the 2026/2027 financial year

Exports to China for the period totalled 67.4 million tonnes

The sale is expected to be finalized by the first quarter of 2027

In China, there is cautious optimism about the immediate outlook, while supply from Australia remains limited

Southeast Asia and South Korea could provide support for the market

China was the leading importer last month, accounting for 61.8 million tons of the total export volume of 76.4 million tons

Market sentiment depends on how the conflict in the Middle East unfolds

Rising production at Chinese mines is putting pressure on the local market

In March, these volumes fell by 18% y/y

The project is valued at 4.3 billion Australian dollars ($3 billion)