First Australian coal cargoes arrive in China, await customs clearance
At least two vessels carrying Australian coal have arrived in China for the first time since an unofficial ban on imports was introduced more than two years ago
Half the world’s copper mining is controlled by just three countries, and China alone refines 40% of the metal central to the green energy transition away from fossil fuels.
China, the world's biggest importer of most major commodities, has already made several attempts to stall a surge in prices for everything from iron ore to coal.
China's recycled steel imports hit 114,741 million tonnes in May, more than 28 times the volume seen in January when the country lifted import restrictions on ferrous scrap.