CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Macarthur Coal shares soared almost 40 per cent after Peabody Energy’s near $5 billion takeover bid, providing a stock price boost to others in the Australian coal sector.
The shares closed up $4.06, or 36.64 per cent, at $15.14 on Tuesday, Macarthur’s highest finish since late April.